TCR_Public/160811.mbx          T R O U B L E D   C O M P A N Y   R E P O R T E R

              Thursday, August 11, 2016, Vol. 20, No. 224

                            Headlines

1490 BEDFORD: Court to Take Up Plan Outline on August 30
2654 HIGHWAY: Unsecureds To Be Paid in Full Under Plan
5 STAR INVESTMENT: $39.5K Private Sale of Property Proposed
ADAMIS PHARMACEUTICALS: CVI Inv. Reports 5.5% Stake as of July 29
AEROPOSTALE INC: Louisiana Revenue Dept Objects to Plan Outline

AGAP LIFE: Plan Outline Lacks Sufficient Info, Creditor Says
ALAN M WEBB: Unsecureds To Be Paid $65,000 in Semi-Annual Payments
ALLIANCE ONE: Incurs $31.5 Million Net Loss in Second Quarter
AMERICAN PARKING: Wants Plan Filing Period Extended Until Dec. 5
ANDOVER COVERED: BAP Affirms Ch. 11 Case Dismissal Order

ANGEL CONTRERAS CORDERO: Disclosure Statement Hearing on Nov. 1
ANJALI ENTERPRISE: Hires Pamela Magee as Legal Counsel
ANTHONY CARRINO: Sale of Jersey City Condo Unit for $725K Approved
ARMSTRONG NEW WEST: Voluntary Chapter 11 Case Summary
ARS CAPITAL: Selling 186th Place Property for $120K

ATKORE INT'L: Moody's Raises CFR to 'B2', Outlook Stable
ATRIUM EXECUTIVE: Sale of Furniture and Equipment Approved
AURORA GAS: U.S. Trustee Forms 5-Member Committee
AURORA OPERATING: Unsecureds to be Paid 100% in 2 Installments
B5 INC: Names Thomas Luikens as Attorney

BCD ACQUISITION: Moody's Assigns B3 CFR, Outlook Stable
BECK & BECK: Hearing on Plan Outline Scheduled for Sept. 21
BELK INC: Bank Debt Trades at 13% Off
BLACK CANYON: Taps KW Commercial as Real Estate Brokers
BUILDERS FIRSTSOURCE: Moody's Rates Proposed $750MM Sr. Notes B3

BUILDERS FIRSTSOURCE: S&P Rates Proposed $750MM Sr. Notes 'B+'
C-LEVELED LLC: Hires Calaiaro Valencik as Counsel
CABIN HOLLOW: Plan Outline Ok'd, Confirmation Hearing on Sept. 21
CAMP INTERNATIONAL: Moody's Hikes CFR to B3 on New Financing Deal
CANDICE RADIX: Brooklyn Property Sale for $2.13M Approved

CAR CHARGING GROUP: Incurs $4.40-Mil. Net Loss in Q1 Ended Mar. 31
CAROLINE BETH SOMERS: To Set Aside $12K to Pay Unsecured Claims
CHARLES FRANCIS PATERNO: Selling Chapel Hill Property for $1.01M
CHICORA LIFE: Plan Confirmation Hearing Set for Sept. 12
CINEVIA CORPORATION: Wants Tenants' Mail Sent Through Freiria

CNG HOLDINGS: S&P Raises ICR to 'CCC' From SD, Outlook Negative
COEUR MINING: S&P Raises Rating on Sr. Unsecured Notes to 'BB-'
COMPASS GROUP: Moody's Affirms Ba3 CFR, Outlook Stable
COMPASS GROUP: S&P Affirms 'BB-' CCR, Outlook Remains Stable
CONTINENTAL EXPLORATION: Ch.11 Trustee Hires EnergyNet.com

CONTINENTAL EXPLORATION: Court Denies Approval of Plan Disclosures
CREATIVE FOODS: Hires David P. Lloyd Ltd. as Bankruptcy Counsel
CROSSFIRE MANUFACTURING: To Set Aside $220K for Unsecured Claims
CRYSTAL LAKE GOLF: Hires Jeffrey Dennis as Accountant
CRYSTAL LAKE GOLF: Taps Mestone & Associates as Counsel

CRYSTAL SPOON: Court Extends Plan Filing Date to Dec. 21
CUI GLOBAL: Incurs $1.5 Million Net Loss in Second Quarter
CYRILLA LANDSCAPING: U.S. Trustee Unable to Appoint Committee
DALLAS PROTON: Hunt Construction Balks at Disclosure Statement
DANIEL MAJOR EDSTROM: Exit Plan to Pay Claims in Full

DAVIS-RODWELL: BofA's Appeal from Order to Comply with Plan Junked
DELL INC: Wants Authorization to Use Cash Collateral
DENNIS WHITE: Sale of Chicago Property for $50K Approved
DIAMOND RESORTS: S&P Rates Proposed $600MM Sr. Notes 'CCC+'
DOTSON PLUMBING: Plan Confirmation Hearing on Sept. 1

DRAW ANOTHER CIRCLE: Seeks Approval of Bonus for 30 Employees
DRYSDALE VILLAGE: Taps Allen Barnes as Counsel
DTREDS LLC: Creditors' Panel Hires Kutak Rock as Counsel
DTREDS LLC: Pleasant Properties Opposes Approval of Plan Outline
DUPONT YARD: Hires Kelley Lovett as Attorneys

DUPONT YARD: Wants to Use First State Bank's Cash Collateral
E & L YOUNG: Status Conference Taken Off Court Calendar
EMPRESAS PLAYA: Hires Ismael Isern as Appraiser
ENNIS WEST END: Plan Outline Ok'd, Confirmation Hearing on Sept. 15
ENOR CORP: Toy Business Assets Sale to Imperial for $962K Approved

ENTERPRISE CLOUDWORKS: Hires EisnerAmper as Financial Advisors
ESPERANZA INN: Gets Court Approval of Chapter 11 Plan
ETERNAL JEWELERS: Hires David P. Lloyd Ltd. as Counsel
FANNIE MAE: Two Directors Resign from Board
FERGUSON CONVALESCENT: To Fund Plan Through Sale of Assets

FIBROCELL SCIENCE: Lists $8.09-Mil. Net Loss in Qtr. Ended in June
FLORIDA GLASS: Case Summary & 20 Largest Unsecured Creditors
FLY-IN-FISH INN: Selling Real and Personal Property to Halibut
FULTON COUNTY JAC: Unsecured Creditors to Get 10% Under Exit Plan
FULTON STREET: Creditors to Get Full Payment Under Exit Plan

GARY DEAN ROGERS: Files Plan and Disclosure Statement
GAWKER MEDIA: Committee Challenges Bid to Hire Special Counsel
GAWKER MEDIA: Panel Seeks to Limit Access to Privileged Info
GAWKER MEDIA: Seeks Oct. 23 Extension of Removal Period
GENERAL MOTORS: Court Partially Dismisses FMS Bond Suit

GERALEX INC: Raises Annual Salary of President and VP by $3K
GFD CONSTRUCTION: Hires Osborn Group as Counsel
GINGER OIL: Court Approves Ch. 11 Plan to Exit Bankruptcy
GLOBAL HEALTHCARE: Moody's Affirms B2 CFR, Outlook Stable
GLOBAL HEALTHCARE: S&P Affirms 'B' CCR; Outlook Remains Stable

GO YE VILLAGE: Panel Hires Grant Thornton as Financial Advisors
GOINS WASTE OIL: Unsecureds to Recoup 10% Under Plan
GORAN PLEHO: Ruling on Pleho Parties Sale Claims Partly Vacated
GUESTLOGIX INC: Unsecured Creditors' Plan Votes Due Sept. 2
GULF CHEMICAL: Taps Rothschild & CIE as Investment Banker

GULF COAST: Wells Fargo Seeks to Block Approval of Plan Outline
H&J ALAMO: Plan Confirmation Hearing Set for Sept. 15
H&M REAL ESTATE: Hires Adler Law as Attorney
H&S BUSINESS: Plan Confirmation Hearing on Sept. 8
HALCON RESOURCES: Hires Alvarez & Marsal as Financial Advisors

HALCON RESOURCES: Hires PJT Partners as Investment Banker
HALCON RESOURCES: Hires Weil Gotshal as Attorneys
HALCON RESOURCES: Hires Young Conaway as Bankruptcy Co-counsel
HALCON RESOURCES: Taps Epiq as Administrative Agent
HALCON RESOURCES: Taps Ernst & Young as Valuation Service Provider

HEARING HELP: Has Until Aug. 31 to Use Better Hearing's Cash
HEARTLAND FARMS: Plan Outline Has Conditional OK; Sept. 1 Hearing
HI-TEMP SPECIALTY: Committee Hires Pepper Hamilton as Counsel
HOWIS Y. AROS: Plan Confirmation Hearing on Sept. 14
HUNTER HOSPITALITY: Hires Dart Adamson as Special Counsel

IAMGOLD CORP: S&P Raises Rating on Sr. Unsecured Notes to 'B+'
III EXPLORATION II LP: Taps Tudor as Investment Banker
IMPAX LABORATORIES: S&P Lowers Rating on $600MM Sr. Notes to 'BB-'
INFOMOTION SPORTS: Hires Clark Schaefer as Tax Accountant
INNOVATIVE CONSTRUCTION: U.S. Trustee Opposes Disclosure Statement

INTREPID POTASH: Amends March 31 Quarterly Report
ION WORLDWIDE: Hires Parcels as Noticing and Balloting Agent
IRON FIST: BankPlus Wants to Prevent Cash Collateral Use
J B JONES: Files Small Business Chapter 11 Plan
J L LEASING: Sale of 2011 Kenworth T800 Tractor for $68K Approved

J. CREW: Bank Debt Trades at 31% Off
J.T.P. CORP: Hires Thrive as Real Estate Broker
JAMES DAVIS: Judge Jaroslovsky Abstains from Hearing Suit v US Bank
JCBG INCORPORATED: Disclosures Ok'd, Plan Hearing on Sept. 8
JEANNIE KILE: May Incur Additional $200K in Chapter 7 Case

JEVIC HOLDING: 3rd Cir. Affirms SCPI Summary Ruling in "Czyzewski"
JOHN BIANCO: Court to Take Up Plan Outline on September 8
JOHN WILLIAMS: Court to Take Up Exit Plan on Sept. 23
JONES ENERGY: Fitch Affirms 'B' Long-Term Issuer Default Rating
JOSE MALDONADO MALAVE: Court to Take Up Plan Outline on Sept. 14

KENTUCKY ASSOCIATES: Taps Callaghan Thompson as Tax Appeal Counsel
KEVIN JAMES ROBERG: Files Reorganization Plan
KONO CO: U.S. Trustee Unable to Appoint Committee
LAST CALL GUARANTOR: Case Summary & 20 Top Unsecured Creditors
LAST CALL GUARANTOR: Seeks Joint Administration of Cases

LATTER RAIN: Plan Confirmation Hearing Set for Aug. 30
LAURA ANTUNEZ: Unsecured Creditors to Get 25% Under Exit Plan
LESLIE'S POOLMART: Debt Modification No Impact on Moody's B2 Rating
LIGHTHOUSE HISTORICAL: Court to Take Up Bankruptcy Plan on Sept. 7
LINCOLN PAPER: Hires Eisenstein as Insurance Claims Consultant

LOGAN'S ROADHOUSE: Moody's Lowers PDR to D-PD on Bankruptcy Filing
LONESTAR INTERMEDIATE: Moody's Assigns B2 CFR, Outlook Stable
LONG ISLAND BANANA: Brooke, Y. Hoey Compelled to Disgorge $14K
LONGHORN MIDCO II: S&P Assigns 'B' CCR, Outlook Stable
LTR HOLDCO: S&P Lowers CCR to 'D' on Missed Interest Payment

LUIS BURGOS: Court Allows 45-day Extension to Briefing Schedule
MARBURN STORES: Sells Substantially All Assets for $793K to G-MAXX
MARGARET M. MCGREEVY: Plan Provides $100,000 for Unsecureds
MARIA RODRIGUEZ: Selling Berwyn Property for $400K
MARK NELSON: Court to Take Up Plan on September 27

MARVEL ENGINEERING: Needs Until Dec. 2 to Obtain Plan Acceptances
MEDLEY PLAZA: Hires Thomas Willis as Attorney
MGM GROWTH: Moody's Assigns B2 Rating on Sr. Notes Due 2026
MGM GROWTH: S&P Assigns 'BB-' Rating on Proposed $400MM Sr. Notes
MGM RESORTS: Posts $474 Million Net Income for Second Quarter

MICHAEL FREDERIC GELLERMAN: Plan Outline Hearing Set for Sept. 14
MORE THAN MASONRY: Hires Francis J. O'Reilly as Attorney
MORGANS HOTEL: Incurs $10.5 Million Net Loss in Second Quarter
NADLER AND DARWISH: Hires Parker & Associates as Counsel
NATIONAL CINEMEDIA: Reports Results for Fiscal Second Quarter

NATIONWIDE PARTS: Can Use Cash Collateral Until Aug. 19
NATIONWIDE PARTS: Wants to Use Snap's Cash Collateral
NEIMAN MARCUS: Bank Debt Trades at 6% Off
NEPHROS INC: Incurs $835,000 Net Loss in Second Quarter
NEW GOLD LLC: Hires Blasberg & Associates as Bankruptcy Counsel

NORTHERN MEADOWS: U.S. Trustee Unable to Appoint Committee
OPENLINK INT'L: Moody's Retains B3 CFR on Proposed Debt Amendment
ORANGE PEEL: Case Summary & 20 Largest Unsecured Creditors
P & L GAS DISPENSERS: Hires Brady Law as Attorneys
PACE IV: Use of Northstar Bank Cash Collateral OK

PATRICK O'NEAL CHEVERS: Unsecureds to Recoup 100% Under Plan
PBG PROPERTIES: Award of Atty Fees to Texans Credit Union Reversed
PETROLEX MANAGEMENT: Hires Baker Braverman as Counsel
PICO HOLDINGS: Bloggers Question UCP Director Lori's Equity Stake
PINNACLE INNVOATION: MyBusinessLoan's OKs Cash Use Until December

PIONEER HEALTH: PHS Stokes to Be Sold to LifeBrite for $400K
PLY GEM HOLDINGS: Posts $41.6-Mil. Net Income for Second Quarter
POMEROY PARTNERS: Selling Campbell Real Property for $14.5M
PORTAGE ELECTRIC: Hires Gouveia and Associates as Counsel
PRIME SIX: Unsecureds To Be Paid 10% Dividend of Allowed Claims

PTC GROUP: Moody's Affirms Caa2 CFR & Changes Outlook to Stable
QUANTUM FOODS: Tyson's Claim is Set Off Claim, Court Says
R & R INDUSTRIES: Disclosure Statement Hearing on Sept. 22
REDPRAIRIE CORP: Bank Debt Trades at 4% Off
REXFORD INDUSTRIAL: Fitch Assigns 'BB' Rating to Preferred Stock

ROBERT JOEL ROXBERRY: Disclosure Statement Hearing on Sept. 7
ROBIN HOSPITALITY: Court OKs Disclosures, Confirms Plan
ROCKWELL MEDICAL: Reports Second Quarter 2016 Results
RONALD ZIMMER: Offers 2 Payment Options to Unsecured Creditors
SANDRIDGE ENERGY: Needs Plan Filing Date Extended to Jan. 2017

SAQIB IQBAL: Creditors to Receive Full Payment Under Exit Plan
SAUCIER BROS.: To Make Monthly Payments to BancorpSouth Bank
SCOTT A. BERGER: Allowed to Use Cash Collateral Until Sept. 28
SEAN SUH'S CARE: Asks Court to Extend Plan Filing Date to Oct. 17
SFX ENTERTAINMENT: Court to Take Up Disclosure Statement on Aug. 30

SM ENERGY: S&P Affirms 'BB-' CCR & Revises Outlook to Negative
SMITH HEALTH CARE: Disclosures Okayed, Plan Hearing on Sept. 15
STAGE PRESENCE: Modifies Plan Outline to Add Info on Lawsuits
STONE PANELS: Use of Cash Collateral Until Aug. 30 Approved
SUBMARINA INC: To Pay General Unsecured Claims in Full

SUBMARINA INC: Unsecureds to Be Paid in Full Under Plan
SUBODH NAIK: Unsecured Creditors to Recoup 40% Under Plan
SUDANO INC: Court Dismisses Bongiovanni's Appeal
SUSAN BURM: RPP Holds Valid Claims, Court Says
T.E. BERTAGNOLLI: Manager Selling Stephanie Way Property for $230K

TCC GENERAL: Has Until Nov. 4 to Use Cash Collateral
TCR III INC: PCO Finds Care Within Standards at 4 Facilities
TERRY EHIOROBO: Gets Approval of Ch. 11 Plan to Exit Bankruptcy
THIRTEEN EAST: Hires Ehrhard & Associates as Counsel
THOMAS EASTON: Plan Outline Ok'd, Confirmation Hearing on Sept. 14

THOMAS W HICKS: Plan Confirmation Hearing Set for Sept. 29
THRIVE NATIONAL: Hires Vannova Legal as Counsel
TOWNRIDGE INC: Hires D. Blair Clark as Counsel
TRONOX INC: Bank Debt Trades at 3% Off
TTM TECHNOLOGIES: S&P Raises CCR to 'BB-'; Outlook Stable

TXU CORP: Bank Debt Trades at 65% Off
UCI INTERNATIONAL: Wants to Use Cash Collateral on a Final Basis
UFC HOLDINGS: S&P Retains 'B+' Rating on 1st-Lien Term Loan
UNITED PROSPERITY: Order to Turn Over Funds to Trustee Affirmed
VALLEY VIEW: FTI Can Recover $16.5MM from Merit, 7th Cir. Rules

VERESEN MIDSTREAM: Moody's Rates New $300MM Debt Add-on 'Ba3'
WALL STREET SYSTEMS: S&P Affirms 'B' CCR; Outlook Stable
WEST LANE PROPERTIES: Voluntary Chapter 11 Case Summary
WILLIAM AND MARTHA PULLUM: Selling Navarre Property
WILLMAN CONSTRUCTION: Selling 2009 Ford F-350 Pickup for $12K

WIND ENTERTAINMENT: Unsecureds To Recoup 1-2% Under Plan
WISPER II: Court to Take Up Plan Outline on Sept. 1
XPLORNET COMMUNICATIONS: Moody's Assigns B3 CFR, Outlook Stable
ZAFS INVESTMENTS: Hires O'Connor & Associates as Appraiser
[*] Global Spec-Grade Default Rate Up Again in July, Moody's Says

[^] Recent Small-Dollar & Individual Chapter 11 Filings

                            *********

1490 BEDFORD: Court to Take Up Plan Outline on August 30
--------------------------------------------------------
The U.S. Bankruptcy Court for the Eastern District of New York will
consider approval of the disclosure statement detailing the Chapter
11 plan of reorganization of 1490 Bedford Avenue LLC at a hearing
on August 30.

The hearing will take place at Courtroom 3585, 271 Cadman Plaza
East, Brooklyn, New York.  Objections to the disclosure statement
are due by August 23.

Under the restructuring plan, the unsecured claim of Rachel Siony
and David Bardi is classified in Class 3.  The claim will be paid
in accordance with the stipulation between the creditors and Rahim
Siunykalimi, husband of the company's owner.

A copy of the disclosure statement is available for free at
https://is.gd/6Hlvv6

1490 Bedford is represented by:

     Bruce Weiner, Esq.
     Rosenberg, Musso & Weiner, LLP
     26 Court Street, Suite 2211
     Brooklyn, New York 11242
     Phone: (718) 855-6840
     Fax: 718-625-1966
     Email: courts@nybankruptcy.net

                    About 1490 Bedford Avenue

The Debtor owns a residential apartment building located at 1490
Bedford Avenue, Brooklyn, New York.  The property was purchased by
Rahim Siunykalimi in 2006, and was subsequently transferred to the
Debtor, which is owned by his wife Nazila Bardi.  

1490 Bedford Avenue LLC sought protection under Chapter 11 of the
Bankruptcy Code (Bankr. E. D. N.Y. Case No. 16-41526) on April 11,
2016.  The petition was signed by Nazila Bardi.  

The case is assigned to Judge Elizabeth S. Stong.

At the time of the filing, the Debtor estimated its assets and
debts at $1 million to $10 million.


2654 HIGHWAY: Unsecureds To Be Paid in Full Under Plan
------------------------------------------------------
2654 Highway 169, LLC, filed with the U.S. Bankruptcy Court for the
District of Kansas a disclosure statement dated July 22, 2016,
filed contemporaneously with Debtor's Chapter 11 plan.

The Plan proposes to pay creditors of the Debtor from the
liquidation of the Debtor's primary asset.  This Plan provides for
2 classes of secured claims, 2 classes of unsecured claims, the
interest of Debtor in its property, and the equity interest of the
Debtor's members.  General unsecured creditors holding allowed
claims will be paid in full without interest.

Class 4 - General Unsecured Claims, estimated at $5,926.89, will
receive payment in full within 30 days of the Effective Date,
without interest. Class 4 is impaired.

The funds currently held on deposit by the Debtor are in excess of
$500,000.  These funds will be used to pay all administrative
expenses and make the payments required to the Class 4 Claims.
Additionally, in the unlikely event that the Property does not sell
(by private contract or otherwise) for a sufficient amount to pay
the Class 2 Claim in full, a portion of the funds held on deposit
may be utilized to pay such attorney's fees and costs as may
constitute a monetary obligation of the Debtor (the balance of the
Class 2 Claim being a non-recourse obligation).  The sale of the
Property is likely to produce sufficient proceeds to satisfy all of
the Class 2 and Class 3 Claims.

The Disclosure Statement is available at:

            http://bankrupt.com/misc/ksb16-10644-63.pdf

The Plan was filed by the Debtor's counsel:

     David P. Eron, Esq.
     ERON LAW, P.A.
     229 E. William, Suite 100
     Wichita, KS 67202
     Tel: (316) 262-5500
     Fax: (316) 262-5559
     E-mail: david@eronlaw.net

                     About 2654 Highway 169

2654 Highway 169, LLC, commenced a case under Chapter 11 of the
Bankruptcy Code (Bankr. D. Kan. Case No. 16-10644) on April 13,
2016.  The Company disclosed estimated assets of $10 million to $50
million and estimated debts of $10 million to $50 million.  The
petition was signed by Andrew Lewis, managing member.  The case is
assigned to Hon. Robert E. Nugent.


5 STAR INVESTMENT: $39.5K Private Sale of Property Proposed
-----------------------------------------------------------
Douglas R. Adelsperger, Trustee for 5 Star Investment Group, LLC,
and affiliates, asks the U.S. Bankruptcy Court for the Northern
District of Indiana to authorize the private sale of estate located
in St. Joseph County, Indiana, commonly known as 317 Preston Drive,
South Bend, IN, to Red Door Holding Co., LLC, for $39,500.

Prior to the Petition Date, on Nov. 5, 2015, the U.S. Securities
Exchange Commission ("SEC") filed a complaint against the Debtors'
sole owner, Earl D. Miller, 5 Star Capital Fund, LLC and 5 Star
Commercial, LLC, in the U.S. Bankruptcy Court for the Northern
District of  Indiana, Hammond Division, alleging that Miller, 5
Star Capital Fund, LLC and 5 Star Commercial, LLC defrauded at
least 70 investors from whom they raised funds of at least $3.9
million.  Additionally, on Nov. 5, 2015, the SEC obtained an ex
parte Temporary Restraining Order, asset freeze and other emergency
relief in the SEC Action.

The Debtor, 5 Star Investment Group V, LLC, listed the value of the
Real Estate at approximately $42,600, which is based on the
2014/2015 tax assessed value of the Real Estate.

The Real Estate is subject to these tax liens:

   a. a tax lien for delinquent real estate taxes for the 2014 fall
installment that was due and payable in 2015, in the approximate
sum of $615; and

   b. a tax lien for real estate taxes for 2015 that are due and
payable in 2016, in the approximate sum of $1,207.

The tax liens will be paid in full from the gross proceeds of the
sale of the Real Estate. Real estate taxes that have accrued for
2016 and are due and payable in 2017, will be prorated as of the
date immediately prior to the date of closing.

The Real Estate is also subject to these mortgages:

   1. a first priority mortgage in favor of James & Kanoshia Graber
dated Feb. 13, 2015 of approximately $21,000;

   2. a second priority mortgage in favor of Henry Swartzentruber
dated Feb. 13, 2012 of approximately $31,718; and

   3. a third priority mortgage in favor of Midland IRA, Inc. FBO
John Cook #1635402 dated July 25, 2014 of approximately $12,687.

On July 11, 2016, the Trustee filed his Application to Employ
Tiffany Group Real Estate Advisors, LLC, as the Bankruptcy Estates'
Broker, for the purposes of hiring Tiffany Group Real Estate
Advisors, LLC, to assist the Trustee with the marketing and sale of
real estate, including the Real Estate at issue.

On Aug. 1, 2016, pursuant to the efforts of the Tiffany Group, the
Trustee entered into a purchase agreement for the sale of the Real
Estate to Purchaser for $39,500.

A copy of the Purchase Agreement attached to the Motion is
available for free at:

    http://bankrupt.com/misc/5_Star_Investment_411_Sales.pdf

The Purchase Agreement, contains, among others, these relevant
terms:

   a. the Purchaser is purchasing the Real Estate "as is"; and

   b. Tiffany Group is entitled to receive a commission of 5% of
the total sale price for the Real Estate, or $1,975, to be paid at
closing.

Although the Trustee is in the early stages of administering the
Consolidated Bankruptcy Estates, it appears that the assets will
fall short of paying the plethora of claimants. Unfortunately,
under these circumstances, no distribution method can possibly
compensate all the investors/creditors fully for their losses.
Courts addressing similar facts, particularly in cases involving
securities fraud, have treated all investors similarly in the
distribution of recovered funds.  In order to ensure the fair and
equitable treatment of all investors/creditors in these Bankruptcy
Cases, the Trustee proposes to sell the Real Estate free and clear
of investor mortgages, with the liens to attach to the proceeds
until further Order of the Court.

                  About 5 Star Investment Group

5 Star Investment Group, LLC, and its 10 affiliates sought
protection under Chapter 11 of the Bankruptcy Code (Bankr. N.D.
Ind. Lead Case No. 16-30078) on Jan. 25, 2016.  5 Star estimated
its assets at up to $50,000 and its liabilities between $1 million
and $10 million.   The Debtor's counsel is Katherine C. O'Malley,
Esq., at Cozen O'Connor, in Chicago, Illinois.

The cases are assigned to Judge Harry C. Dees, Jr.

On Feb. 29, 2016, Douglas R. Adelsperger was appointed as Chapter
11 trustee in each of the bankruptcy cases.  

On March 23, 2016, the Court entered an order consolidating the
bankruptcy cases for purposes of administration only.


ADAMIS PHARMACEUTICALS: CVI Inv. Reports 5.5% Stake as of July 29
-----------------------------------------------------------------
In a Schedule 13G filed with the Securities and Exchange
Commission, CVI Investments, Inc. disclosed that as of July 29,
2016, it beneficially owned 1,150,000 shares of common stock of
Adamis Pharmaceuticals Corporation representing 5.5 percent of the
shares outstanding.

Heights Capital Management, Inc., which serves as the investment
manager to CVI Investments, Inc., may be deemed to be the
beneficial owner of all Shares owned by CVI Investments, Inc.  

A full-text copy of the regulatory filing is available at:

                    https://is.gd/VeFBS3

                         About Adamis

San Diego, Calif.-based Adamis Pharmaceuticals Corporation (OTC
QB: ADMP) is a biopharmaceutical company engaged in the
development and commercialization of specialty pharmaceutical and
biotechnology products in the therapeutic areas of respiratory
disease, allergy, oncology and immunology.

Adamis reported a net loss of $13.6 million on $0 of revenue for
the year ended Dec. 31, 2015, compared to a net loss of $9.31
million on $0 of revenue for the year ended Dec. 31, 2014.

As of March 31, 2016, Adamis had $12.7 million in total assets,
$3.96 million in total liabilities and $8.69 million in total
stockholders' equity.

Mayer Hoffman McCann P.C., in San Diego, California, issued a
"going concern" qualification on the consolidated financial
statements for the year ended Dec. 31, 2015, citing that the
Company has incurred recurring losses from operations, and is
dependent on additional financing to fund operations.  These
conditions raise substantial doubt about the Company's ability to
continue as a going concern, the auditors noted.


AEROPOSTALE INC: Louisiana Revenue Dept Objects to Plan Outline
---------------------------------------------------------------
The Secretary of the Louisiana Department of Revenue, holder of
five pre-petition claims, filed with the U.S. Bankruptcy Court for
the Southern District of New York an objection to Aeropostale,
Inc., et al.'s Disclosure Statement.

LDR objects to Article V of the Disclosure Statement,
specifically:

     (i) Sections B and C.  LDR claims that these sections fail to

         state that Priority Tax Claims are unimpaired claims as
         well as unclassified, and fails to disclose whether
         priority tax claimants will be presumed to accept the
         Plan or will be entitled to vote on the Plan.  The LDR
         does not accept treatment less than what is required;

    (ii) Section C(1) because it fails to provide an for the
         exemption of governmental units for the requirement of
         filing requests for payment for administrative expenses.
         At present, LDR does not have any administrative claims,
         but may have prior to the bar date for same and LDR does
         not wish to have its right to such exemption impaired.  
         As a governmental unit, LDR does not accept any
         impairment of its right to specific treatment under the
         U.S. Bankruptcy Code or its right to applicable non
         bankruptcy law statutory interest on delinquent taxes if
         any of the claims are not paid on the latter of the
         effective date or the due date in the ordinary course of
         business;

   (iii) Section C(3) because it describes the plan in a manner
         that fails to provide for post-effective date interest
         for Priority Tax Claims and that the rate paid will be
         the applicable statutory non-bankruptcy rate of interest
         required by the taxing authority in question or
         specifically, that LDR's claims will be paid at the
         applicable statutory non-bankruptcy rate, specifically,
         the interest rate required.  Unless the plan provides for

         payment if post-effective date interest LDR's Priority
         Tax Claims are impaired.  

A copy of the Objection is available at:

           http://bankrupt.com/misc/nysb16-11275-476.pdf
     
LDR can be reached at:

         LOUISIANA DEPARTMENT OF REVENUE
         Florence Bonaccorso-Saenz, Esq.
         Bankruptcy Counsel, Collections Division
         617 N. Third Street, Office 780
         Post Office Box 66658 (Zip Code 70896)
         Baton Rouge, LA 70802
         Tel: (225) 219-2083
         Fax: (225) 231-6235
         E-mail: Florence.Saenz@la.gov

                     About Aeropostale Inc.

Aeropostale, Inc. (OTC Pink: AROPQ) is a specialty retailer of
casual apparel and accessories, principally serving young women
and men through its Aeropostale(R) and Aeropostale Factory(TM)
stores and website and 4 to 12 year-olds through its P.S. from
Aeropostale stores and website.  The Company provides customers
with a focused selection of high quality fashion and fashion basic
merchandise at compelling values in an exciting and customer
friendly store environment.  Aeropostale maintains control over
its proprietary brands by designing, sourcing, marketing and
selling all of its own merchandise.  As of May 1, 2016 the Company
operated 739 Aeropostale(R) stores in 50 states and Puerto Rico,
41 Aeropostale stores in Canada and 25 P.S. from Aeropostale(R)
stores in 12 states.  In addition, pursuant to various licensing
agreements, the Company's licensees currently operate 322
Aeropostale(R) and P.S. from Aeropostale(R) locations in the
Middle East, Asia, Europe, and Latin America.  Since November
2012, Aeropostale, Inc. has operated GoJane.com, an online women's
fashion footwear and apparel retailer.

Aeropostale, Inc., and 10 of its affiliates each filed a voluntary
petition under Chapter 11 of the Bankruptcy Code (Bankr. S.D.N.Y.
Lead Case No. 16-11275) on May 4, 2016.  The petitions were signed
by Marc G. Schuback as senior vice president, general counsel and
secretary.

The Debtors listed total assets of $354.38 million and total debts
of $390.02 million as of Jan. 30, 2016.

The Debtors have hired Weil, Gotshal & Manges LLP as counsel; FTI
Consulting, Inc., as restructuring advisor; Stifel, Nicolaus &
Company, Inc., and Miller Buckfire & Company LLC as investment
bankers; RCS Real Estate Advisors as real estate advisors; Prime
Clerk LLC as claims and noticing agent; Stikeman Elliot LLP as
Canadian counsel; and Togut, Segal & Segal LLP as conflicts
counsel.

Judge Sean H. Lane is assigned to the cases.

The U.S. trustee for Region 2 on May 11, 2016, appointed seven
creditors of Aeropostale Inc. to serve on the official committee of
unsecured creditors.  The Committee hired Pachulski Stang Ziehl &
Jones LLP as counsel.

                           *     *     *

The Bankruptcy Court entered an order establishing (i) July 25,
2016 at 5:00 p.m. (Eastern Time) as the deadline for each person or
entity, not including governmental units to file proofs of claim in
respect of any prepetition claims against any of the Debtors, and
(ii) Oct. 31, 2016, at 5:00 p.m. (Eastern Time) as the deadline for
governmental units to file proofs of claim in respect of any
prepetition claims against any of the Debtors.


AGAP LIFE: Plan Outline Lacks Sufficient Info, Creditor Says
------------------------------------------------------------
Creditor 3:10 Capital Investments, LP, filed with the U.S.
Bankruptcy Court for the Eastern District of Texas an objection to
Agap Life Offerings, LLC, et al.'s second disclosure statement
dated July 10, 2016.

3:10 Capital is a secured creditor of AGAP LS 108, LLC, AGAP LS
109, LLC, AGAP LS 209, LLC, AGAP LS 309, LLC, and AGAP 509, LLC, by
virtue of a Revolving Credit Facility to each of the Debtors
evidenced by loan and security agreement.  The indebtedness owed by
the Debtors to 3:10 Capital under the Loan Agreements is secured by
a Collateral Assignment of Life Insurance in favor of 3:10 Capital
on each of the Debtors' life insurance policies as well as
substantially all of the Debtors' assets.

3:10 Capital says that approval of the Debtor's Plan and Disclosure
Statement should be denied, as the Disclosure Statement lacks
sufficient information to allow even the most sophisticated
investor to make an informed decision whether to support the Plan,
while the Plan is patently unconfirmable.  According to 3:10
Capital, the Plan proposes to obligate the Debtors' unsecured
creditors who choose to support the Plan to pay an undetermined
amount of money to fund the Debtors' policy premiums for an
undefined amount of time.  In exchange, the Debtors' unsecured
creditors receive an undefined interest in the Debtors' policies
that is subject to future reduction at the sole discretion of the
Debtors' principals and for an incalculable return on their
investments.  In sum, not only does the Disclosure Statement fail
to provide information upon which to make an informed decision,
even if the Plan is confirmed, none of the participating unsecured
creditors can know what the return is on their investment until
they receive it.

3:10 Capital claims that the Disclosure Statement fails to:

     (a) provide any evidence that there will be sufficient
         commitments from the investors in the Policy Owning
         Debtors' to fund the Plan.  Accordingly, there is no
         evidence the Plan is feasible;

     (b) provide the assumptions, factors and methodologies used
         to determine the Life Expectancy Valuations;

     (c) include the actual policy premium illustrations that
         portray the future premiums for each policy.  Without the

         actual premium illustrations, the accuracy of the
         information provided in the Disclosure Statement about
         the annual premium expense is undeterminable;

     (d) adequately inform subscribers of the degree of
         uncertainty in the amount, term, and ultimate return on
         their premium commitments after confirmation;

     (e) adequately inform Class 4 Creditors of the Policy Owning
         Debtors' who abandon their investment whether they will
         incur forgiveness of debt income;

     (f) contain material or meaningful information, if any, with
         respect to whether confirmation of the Plan is intended
         to affect the rights of any creditors, including 3:10
         Capital and investors in AGAP LS 409, LLC to pursue non-
         Debtor third parties who are either jointly liable or
         liable via guaranty to that creditor or with respect to
         the pre-petition and post-petition transactions between
         AGAP LS 409, LLC and the Debtors;

     (g) contain any meaningful information concerning the past
         participation rate for the subscribers in each of the
         Policy Owning Debtors or the prospective participation
         rate after confirmation;

     (h) fails to contain complete Financial Projections in the
         Disclosure Statement.  The Financial Projections do not
         extend to the estimated date of maturity for any policy,
         fail to accurately portray the escalating amount of
         premiums as the policy approaches maturity and otherwise
         fail to provide any information that would allow a
         Participating subscriber to evaluate their premium
         commitment in amount or term.  In addition, the Financial
         Projections fail to disclose the source of funds or
         timing of payment of the Debtors' bankruptcy
         professionals' fees, Chief Restructuring Officer's fees
         or repayment of the DIP financing provided by non-debtor
         AGAP LS 409, LLC;

     (i) provide the source of information or the methodology used

         to determine the policy sale price contained in the
         Liquidation Analysis or the source of the verbal
         valuations for the policies contained in the Disclosure
         Statement.  Without this information it is impossible to
         evaluate the extent the policies were exposed to the
         market and whether there has been a true market
valuation;

     (j) depict the effect of payment of the deferred fees due to
         3:10 Capital upon the distribution to 3:10 Capital or to
         the unsecured creditors;

     (k) adequately describe the post-confirmation management of
         the Debtors.  The Disclosure Statement only vaguely
         describes the rights of subscribers or the role and
         responsibilities of the board of investors;

     (l) disclose the significant risk that the conditions
         precedent to consummation of the Plan may not occur.  The

         Debtors have provided no evidence that any Class 4
         creditors will elect to opt-in to the Plan or that those
         investors have the financial wherewithal and commitment
         to pay an undetermined amount of premiums for an
         undetermined time in exchange for an undefined return.
         The Risk Factors also fail to disclose that historically
         the Debtors have suffered from significant shortfalls in
         premium calls.  In addition, the Risk Factors fail to
         offer any nonspeculative or non-generic information as to

         how the Debtors propose to handle any premium shortfalls
         in the future;

     (m) present a comparison of the Debtors' financial
         performance from inception to date to allow creditors to
         compare past performance against the future projections;

     (n) describe the timing of any distributions to the new
         equity in offerings or the nature of the equity interest
         to be granted any new investor;

     (o) inform creditors of the possibility that alternate or
         competing plans might be proposed;

     (p) contain information about the lawsuits pending against
         the Debtors' management, the effect of those lawsuits on
         the resources of the Debtor's management to attend to
         those lawsuits or the effect the resolution of those
         Lawsuits may have on their future equity interests in the

         Debtors.  Those lawsuits are numbered and styled as:
         Cause No. 15-09619-442: Kenneth J. McGovern and Charlotte

         McGovern v. AGAP 309 LS, LLC, dba AGAP Life Offerings;
         Jeff Madden and Charles Madden, pending in the 442nd
         Judicial District Court of Denton County, Texas, and
         Cause No. 236-286356-16: Rod Sanders, Dr. Charles
         McWilliams, 3:10 Capital Investments, LP, and 3:10
         Capital LS Buyouts, LP v. Chuck Madden, Jeff Madden and
         AGAP LS 409, LLC, pending in the 236th Judicial District
         Court of Tarrant County, Texas;

     (q) adequately inform potential participating subscribers of
         the source of funds to pay the premiums or any pending
         premium calls.  AGAP LS 109, LLC, AGAP LS 309, LLC, and
         AGAP LS 509, LLC, each have premium payments due in July
         and August 2016; and

     (r) reflect the anticipated expense and income statements
         any change to Offerings' revenue or expenses in light of
         AGAP LS, 108, LLC's policy maturing.  The statements of
         "5 Year Anticipated Expenses" and "5 Year Anticipated
         Income/Revenues" for Offerings included in the Disclosure

         Statement are identical to the same statements included
         in the Debtors' First Disclosure Statement dated May 23,
         2016.  The policy held by AGAP LS, 108, LLC has matured.

         Furthermore the Disclosure Statement does not provide any

         information about the net effect of the AGAP 108 policy
         maturing on the expenses or revenues of Offerings.

3:10 Capital is represented by:

     J. Mark Chevallier, Esq.
     James G. Rea, Esq.
     MCGUIRE, CRADDOCK & STROTHER, P.C.
     2501 North Harwood, Suite 1800
     Dallas, TXS 75201
     Tel: (214) 954-6807
     Fax: (214) 954-6850
     E-mail: mchevallier@mcslaw.com
             jrea@mcslaw.com

                   About AGAP Life Offerings

AGAP Life Offerings, LLC, based in Frisco, Tex., filed a Chapter 11
petition (Bankr. E.D. Tex. Case No. 16-40520) on March 24, 2016.
Joyce W. Lindauer, Esq., at Joyce W. Lindauer Attorney, PLLC, as
bankruptcy counsel.

In its petition, the Debtor estimated $500,000 to $1 million in
both assets and liabilities.  The petition was signed by Charles
D. Madden, manager.


ALAN M WEBB: Unsecureds To Be Paid $65,000 in Semi-Annual Payments
------------------------------------------------------------------
Alan M. Webb filed with the U.S. Bankruptcy Court for the District
of Minnesota an amended disclosure statement and related Plan of
Reorganization.

Under the Plan, holders of Class 3 - General Unsecured Creditors,
estimated to total $1,829,772, will be paid their pro rata share of
$65,000, to be made in semi-annual payments, commencing on the 15th
of the first full calendar month following the Effective Date, and
then again on the 15th of the month that is six months thereafter,
and continuing once every six months for a total of ten semi-annual
payments of $6,500 each.  Class 3 claims will also receive their
pro-rata share of any proceeds of avoidance actions after payment
of costs and administrative expenses incurred in Prosecuting
actions, if any such actions exist.  

The Debtor has identified one viable avoidance action as against
Tradition Construction Capital, LLC, for post-petition transfers
made by the Debtor in the aggregate amount $8,050.37 for what the
Debtor believed to be payments due and owing on mortgage on the
Debtor's homestead for which the Debtor has recently discovered was
satisfied in 2009.  The successful net recovery of this avoidance
action, after the payment of costs and administrative expenses, is
property of the bankruptcy estate in the estimated amount of
$6,050.00 and is expected to provide an additional recovery for
Class 3 claimants.  

The Debtor will continue to earn compensation from his employment
with Webb Business Promotions, Inc., as well as income from the
operation of his rental properties.  The Debtor proposes to fund
his plan both from his projected income over the 5-year period
following the Effective Date of this Plan as well as from the
equity in certain assets.

The Debtor calculates his projected disposable income available to
Class 3 General Unsecured Creditors for the 5-year period following
confirmation to be $18,750.  This amount is based on the projected
disposable monthly income.

In addition to his 5-year projected disposable income, the Debtor
will additionally pay approximately $4146,250 to Class 3 General
Unsecured Creditors, for a total of $65,000.  The Debtor has
existing cash reserves to fund administrative expenses following
the confirmation of this Plan.

To the extent necessary to fund any future plan payments due under
the Plan, the Debtor will refinance one or more of his real
properties in which he currently holds a positive equity position
and sell future equity acquired in his personal business interest
holdings as may be necessary to capture additional funds to provide
for the payments due under this Plan.

In the event that the Debtor will need to refinance a real property
to fund the additional $41,250 payments to Class 3 General
Unsecured Creditors, the Debtor anticipates that he will refinance
either his homestead real property located at 5220 167th Street W.,
Lakeville, Minnesota, which has current equity of approximately
$5,000, or the residential real property located at 14090 Alabama
Avenue S., Savage, Minnesota, which has current equity of
approximately $38,432.  Between the existing equity in these two
properties and any future appreciation in equity that may be
acquired via market conditions and payment of principal on the
respective mortgages, the Debtor anticipates that he will be able
to obtain through refinancing at least the $41,250 necessary to
fund the additional payments to Class 3 General Unsecured
Creditors.

The Disclosure Statement is available at:

            http://bankrupt.com/misc/mnb15-32538-59.pdf

Alan M. Webb filed for Chapter 11 bankruptcy protection (Bankr. D.
Minn. Case No. 15-32538) on July 10, 2015.


ALLIANCE ONE: Incurs $31.5 Million Net Loss in Second Quarter
-------------------------------------------------------------
Alliance One International, Inc., filed with the Securities and
Exchange Commission its quarterly report on Form 10-Q disclosing a
net loss of $31.5 million on $261 million of sales and other
operating revenues for the three months ended June 30, 2016,
compared to a net loss of $25.95 million on $266.28 million of
sales and other operating revenues for the three months ended June
30, 2015.

As of June 30, 2016, Alliance One had $1.91 billion in total
assets, $1.67 billion in total liabilities and $242 million in
total equity.

Pieter Sikkel, chief executive officer and president, said, "Fiscal
year 2017 has started as anticipated, with similar sales to last
year's first quarter at $261.1 million and improved gross profit.
Gross profit increased 15.8% to $34.1 million, driven mainly by
increased volumes, product mix, and currency movements, as well as
the impact of efficiency improvement and cost cutting initiatives.
These same factors also improved gross profit as a percentage of
sales to 13.0% this year from 11.0% last year.

"As we move through this fiscal year we expect each quarter's
results to be improved versus the prior quarter, thus building
through the year with internal forecasts anticipating improved
sales and adjusted EBITDA when compared to last year.  Global
markets are still tightening with undersupply developing in certain
origins in higher quality.  The strong U.S. dollar, El Nino weather
conditions, smaller crops in certain markets, as well as slowly
correcting oversupply leaf trading conditions continue to be
factors.  In particular, El Nino driven increased rain-fall levels
in Brazil this year related to the crop we are now buying and will
sell later this fiscal year has reduced leaf weight. At the same
time the reduced crop size has caused pricing to suppliers to
increase in Brazilian Real terms versus last year.

"Our restructuring and efficiency improvement program that began
implementation in March 2015 remains on track to deliver over $35.0
million of anticipated recurring annualized savings with
approximately 95.0% of targeted actions enacted and the remainder
to be achieved over the next 15 months.  During the first quarter
this year, there was a positive impact from this program in cost of
goods sold that helped to improve gross profit and gross profit as
a percentage of sales versus last year.  However, the improvement
and related impact in SG&A was over shadowed in the current quarter
by two main factors.

"First, during the quarter we experienced approximately $3.6
million of legal and professional costs associated with the Kenya
matter.  We began this work in October last year and believe we are
nearing the end of the majority of the associated costs. Secondly,
our teams around the world dedicated themselves to the additional
work required to push through the Kenya matter and related
investigation as well as other significant contributions - in many
cases sacrificing important work/life balance.  As a result we
decided to make incentive payments of $4.6 million to help retain
talented employees and thank them for their dedication.  So as we
continue through this fiscal year the restructuring and efficiency
improvement impact on SG&A should become more evident.

"Consistent with our stated plan we anticipate reducing long-term
debt by $35.0-$50.0 million per year with surplus cash focusing on
purchasing our 9.875% Senior Secured Second Lien Notes with $720.0
million of face amount outstanding at quarter end.  Our liquidity
at quarter end was in line with our expectations with available
credit lines and cash of $632.7 million not including available
letters of credit.  The rating agency Standard and Poor's
(“S&P”) has indicated that our debt reduction plan and
potential for purchases below par were key drivers in their recent
one notch downgrade of our credit ratings, based on an academic
premise that the Company ultimately will be repaying less than the
face amount of the debt as of issuance, if purchases occur below
par.

"We continue to work with our customers to meet their dynamic
requirements and encourage supply chain simplification strategies
that present opportunities for our business with them. Focus on
increased utilization of our assets driven by reversing
manufacturers' partial vertical integration strategies and
leveraging our value added services capability are solid growth
areas.  Additionally, our sustainability programs essential to our
Company, our customers and local communities where we operate
continue to differentiate our Company and provide further growth
opportunities.

Mr. Sikkel, concluded, "We are off to a good start for the year and
anticipate reduced working capital requirements by yearend based on
supply and demand and forecasted crop sizes this year.  In turn
this should help to reduce our debt outstanding by fiscal yearend.
As such, we anticipate that our leverage will also decrease to
approximately 4.9x by March 31, 2017 versus approximately 5.9x
achieved at last fiscal yearend.  We will continue to drive our
business with customer focus and execute on our plans that enhance
our position as a preferred global supplier. We believe our
balanced strategy is well measured and should improve shareholder
value."

As of June 30, 2016, available credit lines and cash were $632.7
million, comprised of $158.2 million in cash and $474.5 million of
credit lines, of which $10.3 million was available under the U.S.
revolving credit facility for general corporate purposes and $464.2
million of foreign seasonal credit lines excluding $10.7 million
exclusively for letters of credit.

Additionally, in the future, the Company may elect to redeem,
repay, make open market purchases, retire or cancel indebtedness
prior to stated maturity under its various global bank facilities
and outstanding public notes, as they may permit.

A full-text copy of the Form 10-Q is available for free at:

                       https://is.gd/zJyd04

                        About Alliance One

Alliance One International is principally engaged in purchasing,
processing, storing, and selling leaf tobacco.  The Company
purchases tobacco primarily in the United States, Africa, Europe,
South America and Asia for sale to customers primarily in the
United States, Europe and Asia.

                           *     *     *

As reported by the TCR on June 7, 2016, Moody's Investors Service
affirmed Alliance One International, Inc.'s 'Caa2' Corporate
Family Rating and revised the rating outlook to positive from
negative.  Alliance One's 'Caa2' Corporate Family Rating reflects
Moody's expectation that credit metrics and liquidity will remain
weak over the next 12 to 18 months.

The TCR reported on Aug. 2, 2016, S&P Global Ratings lowered its
corporate credit rating on Morrisville, N.C.-based Alliance One
International Inc. (AOI) to 'CCC' from 'CCC+'.  The rating outlook
is negative.


AMERICAN PARKING: Wants Plan Filing Period Extended Until Dec. 5
----------------------------------------------------------------
American Parking System, Inc., asks the U.S. Bankruptcy Court for
the District of Puerto Rico to extend its exclusive periods within
it may propose a plan through and including December 5, 2016.

The Debtor tells the Court that it was unable to extend the
deadline to pay the agreed upon discounted payoff to its then
secured creditor Condado 2 LLC, and was forced to scramble to get a
DIP Financing, which was approved by the Court.  As such, the
Debtor's efforts since the commencement of its case have been
geared towards extending the agreement with its secured creditor
and then towards obtaining the needed DIP Financing.

The Debtor also tells that it can now focus on its reorganization
plan for as the Debtor was able to obtain the DIP Financing to
comply with the discounted payoff agreement and eliminating on the
way more than $29,000,000 of the Debtor's debts.

Furthermore, the Debtor is in the process of reconciling its claims
but the deadline for filing proof of claims for general unsecured
creditors and government entities has not elapsed. As such, Debtor
understands that it would be more cost effective and it behooves
all creditors and parties in interest to file the Disclosure
Statement and Plan of Reorganization after these deadlines have
elapsed and the claim reconciling process is completed.

Counsel for American Parking System, Inc.:

       Alexis Fuentes-Hernández, Esq.
       FUENTES LAW OFFICES, LLC
       P.O. Box 9022726
       San Juan, PR 00902-2726
       Tel. (787) 722-5215, 5216
       Fax. (787) 722-5206
       E-mail: alex@fuentes-law.com

            About American Parking

Headquartered in San Juan, Puerto Rico, American Parking System
Inc. filed for Chapter 11 bankruptcy protection (Bankr. D. P.R.
Case No. 16-02761) on April 8, 2016, estimating its assets at up to
$50,000 and its liabilities at between $10 million and $50 million.
The petition was signed by Miguel Cabral Veras, president.

Judge Edward A Godoy presides over the case.

Alexis Fuentes Hernandez, Esq., at Fuentes Law Offices, LLC, serves
as the Debtor's bankruptcy counsel.


ANDOVER COVERED: BAP Affirms Ch. 11 Case Dismissal Order
--------------------------------------------------------
On appeal by Andover Covered Bridge, LLC, the United States
Bankruptcy Appellate Panel, First Circuit, affirmed the following
orders of the bankruptcy court:

   (1) the December 14, 2015 order granting the motion of the
United States Trustee to dismiss the Chapter 11 case of Andover
Covered Bridge, LLC, pursuant to 11 U.S.C. section 1112(b); and

   (2) the January 11, 2016 order denying the debtor's motion to
alter or amend or for a new trial on order of dismissal pursuant to
Bankruptcy Rule 9023 and FRCP 59; and alternatively for amended
findings and an amended order pursuant to Bankruptcy Rule 7052 and
FRCP 52(b).

The case is ANDOVER COVERED BRIDGE, LLC, Debtor.  ANDOVER COVERED
BRIDGE, LLC, Appellant, v. WILLIAM K. HARRINGTON, United States
Trustee, Appellee, BAP No. EP 16-005, Bankruptcy Case No.
15-20489-PGC (BAP).

A full-text copy of the appellate court's July 26, 2016 ruling is
available at https://is.gd/ppQhPb from Leagle.com.

Appellant is represented by:

          Jeffrey P. White, Esq.
          243 Mt. Auburn Avenue, Suite B-1
          Auburn, ME 04210
          Tel: (207)689-2111
          Fax: (207)689-2112

Appellee is represented by:

          Eric K. Bradford, Esq.
          OFFICE OF THE UNITED STATES TRUSTEE
          5 Post Office Square, Suite 1000
          Boston, MA 02109-3934
          Tel: (617)788-0400
          Fax: (617)565-6368


ANGEL CONTRERAS CORDERO: Disclosure Statement Hearing on Nov. 1
---------------------------------------------------------------
Judge Enrique S. Lamoutte Inclan said a hearing is scheduled for
Nov. 1, 2016, at 10:00 a.m. to consider and rule upon the adequacy
of the disclosure statement explaining Angel Contreras Cordero's
Chapter 11 Plan, and the information contained therein, as well as
to consider objections and other matters.  Objections to the
disclosure statement are due not less than 14 days prior to the
hearing.

Angel Contreras Cordero filed a Chapter 11 petition (Bankr. D.P.R.
Case No. 16-01008) on Feb. 12, 2016.



ANJALI ENTERPRISE: Hires Pamela Magee as Legal Counsel
------------------------------------------------------
Anjali Enterprise LLC seeks authorization from the U.S. Bankruptcy
Court for the Middle District of Louisiana to employ Attorney
Pamela Magee LLC as legal counsel.

The Debtor needs legal counsel and advice in order to proceed with
its Chapter 11 reorganization.

Ms. Magee will be paid $325 per hour for services rendered.

The counsel will also be reimbursed for reasonable out-of-pocket
expenses incurred.

Pamela Magee assured the Court that the firm is a "disinterested
person" as the term is defined in Section 101(14) of the Bankruptcy
Code and does not represent any interest adverse to the Debtors and
their estates.

The counsel can be reached at:

       Pamela Magee, Esq.
       Attorney Pamela Magee LLC
       11745 Bricksome Avenue
       Baton Rouge, LA 70816
       Tel: (225) 367-4662
       E-mail: pam@attorneypammagee.com

Anjali Enterprise LLC, filed a Chapter 11 bankruptcy petition
(Bankr. M.D. La. Case No. 16-10831) on July 18, 2016.  The Debtor
is represented by Pamela G. Magee, Esq.


ANTHONY CARRINO: Sale of Jersey City Condo Unit for $725K Approved
------------------------------------------------------------------
Judge Vincent F. Papalia of the U.S. Bankruptcy Court for the
District of New Jersey authorized Anthony Carrino to sell his
condominium unit located at 650 Montgomery Street, Unit #504,
Jersey City, New Jersey ("Property") to Mike Methewson for
$725,000.

The sale is free and clear of all liens, claims, interests and
encumbrances.

The net proceeds from the sale of the Property will be held in the
Debtor's Attorney's Trust Account pending confirmation of a chapter
11 reorganization plan or further order of the Court.

Anthony G. Carrino sought Chapter 11 protection (Bankr. D.N.J. Case
No. 15-24056) on July 27, 2015.


ARMSTRONG NEW WEST: Voluntary Chapter 11 Case Summary
-----------------------------------------------------
Debtor: Armstrong New West Retail LLC
        250 West 90th Street
        New York, NY 10024

Case No.: 16-23086

Type of Business: Single Asset Real Estate

Chapter 11 Petition Date: August 9, 2016

Court: United States Bankruptcy Court
       Southern District of New York (White Plains)

Judge: Hon. Robert D. Drain

Debtor's Counsel: Arnold Mitchell Greene, Esq.
                  ROBINSON BROG LEINWAND GREENE
                  GENOVESE & GLUCK, P.C.
                  875 Third Avenue, 9th Floor
                  New York, NY 10022
                  Tel: (212) 603-6300
                  Fax: (212) 956-2164
                  E-mail: amg@robinsonbrog.com

Estimated Assets: $10 million to $50 million

Estimated Debt: $10 million to $50 million

The petition was signed by Benjamin Ringer, sole equity member of
AC NW Retail Investment LLC, sole member of Debtor.

The Debtor did not include a list of its largest unsecured
creditors when it filed the petition.


ARS CAPITAL: Selling 186th Place Property for $120K
---------------------------------------------------
ARS Capital Investments, LLC, asks Honorable Pamela S. Hollis of
the U.S. Bankruptcy Court for the Northern District of Illinois to
authorize the sale of Debtor's real property located at 4206 186th
Place, County Club Hills, Illinois, together with any personal
property, to Sergio Gutierrez for $120,000.

Paul M. Bach, counsel for the Debtor, relates that as of the
Petition Date, the only lien on the 186th Place Property, besides
real estate taxes, was a mortgage executed by the Debtor with a
payoff balance in the amount of $79,000. There is expected to be
minimal proceeds after the payment of past due real estate taxes
including penalties and interest.

As a result of negotiations between the Debtor and Gutierrez, the
Debtor entered into a Real Estate Contract ("Contract") which was
accepted on May 14, 2016.  A copy of the Contract attached to the
Motion is available for free at:

    http://bankrupt.com/misc/ARS_Capital_195_Sales.pdf

In accordance with the terms of the Contract, the 186th Place
Property will be sold on an "as is" basis, without representation,
warranty or guaranty of any kind, except as otherwise stated in the
Contract. Gutierrez will pay the $120,000 to Debtor at closing. The
purchase price is higher than stated on the contract and is a
result of an appraisal. Any proceeds after the payment of costs of
sale including the balance on the mortgage and real estate taxes
will be deposited in the Debtor in Possession Account.

Gutierrez has paid an initial earnest money deposit in the amount
of $1,500.  The balance of the purchase price is to be paid in cash
at closing via a mortgage.

The Debtor has analyzed the Contract and alternative avenues for
the sale of the 186th Place Property and has determined that, in
its business judgment, a sale of the 186th Place Property to
Gutierrez in accordance with the terms and conditions of the
Contract is in the best interest of the bankruptcy estate.

Counsel for the Debtor can be reached at:

           Paul M. Bach, Esq.
           Penelope N. Bach, Esq.
           BACH LAW OFFICES
           P.O. Box 1285
           Northbrook, Illinois 6062
           Telephone: (847) 564 0808

                  About ARS Capital Investments

ARS Capital Investments, LLC filed a chapter 11 petition (Bankr.
N.D. Ill. Case No. 15-15823) on May 4, 2015.  The petition was
signed by Anthony Scales, managing member.  The Debtor is
represented by Paul M. Bach, Esq., at Sulaiman Law Group, Ltd.
The
case is assigned to Judge Pamela S. Hollis.  The Debtor estimated
assets and liabilities at $1 million to $10 million at the time of
the filing.


ATKORE INT'L: Moody's Raises CFR to 'B2', Outlook Stable
--------------------------------------------------------
Moody's Investors Service upgraded Atkore International, Inc.'s
corporate family rating to B2 from B3, its probability of default
rating to B2-PD from B3-PD, its senior secured first lien term loan
rating to B2 from B3 and its senior secured second lien term loan
rating to Caa1 from Caa2.  At the same time, Moody's assigned a
speculative grade liquidity rating of SGL-2.  The ratings upgrades
reflect the substantial improvement in Atkore's credit profile over
the past 15 months and the expectation the positive trend will
continue in the near term.  The ratings outlook is stable.

These ratings were affected in this rating action:

Upgrades:

  Corporate family rating, upgraded to B2 from B3;
  Probability of default rating, upgraded to B2-PD from B3-PD;
  Senior Secured First Lien Term Loan, upgraded to B2 (LGD 4) from

   B3 (LGD 4)
  Senior Secured Second Lien Term Loan, upgraded to Caa1 (LGD 5)
   from Caa2 (LGD 5)

Outlook Actions:
  Stable

Assignments:
  Speculative Grade Liquidity Rating at SGL-2

                         RATINGS RATIONALE

Atkore's B2 corporate family rating reflects its historically low
and volatile margins, sensitivity to fluctuating steel and copper
prices, as well as its reliance on nonresidential construction
activity, which drives demand for most of its electrical and
tubular products.  The rating also considers the highly competitive
market in which the company operates and its limited product
differentiation.  The rating is supported by the company's moderate
leverage, ample interest coverage, large scale, diversity of
products, attractive position in certain end-markets, its enhanced
focus on core product categories and pricing discipline and its
good liquidity profile.

Atkore's operating performance has improved materially during the
past few quarters as the company benefitted from modestly improved
nonresidential construction activity, wider spreads between steel
and copper purchases for inventory and final product prices, as
well as cost cuts and productivity improvements.  This has resulted
in significantly improved operating results and strong free cash
generation.  Atkore has produced adjusted EBITDA of $172 million
during the nine months ended June 2016 versus $110 million during
the same period last fiscal year.  Moody's believes the recent
trend will continue in the company's fiscal fourth quarter enabling
Atkore to generate adjusted EBITDA in the range of $220 million to
$230 million for the fiscal year ending September 2016. That is
substantially higher than the $172 million of EBITDA produced in
fiscal 2015.

Atkore has generated $176 million of free cash flow over the LTM
period ended June 2016 due to improved working capital management,
lower inventory purchase costs and the liquidation of fence and
sprinkler pipe inventory following the decision to exit those
product categories.  The company has utilized that cash to retire
$59 million of borrowings on its ABL credit facility, repurchase
about $19 million face value of its 2nd lien term loan and to pay
down its 1st lien term loan by about $4 million through required
amortization payments.  The company's cash balance has also
increased substantially to $131 million from $33 million in June
2015.

The improved operating performance along with reduced debt levels
has resulted in strengthened credit metrics.  Atkore's adjusted
leverage ratio (debt/EBITDA) declined to 2.9x in June 2016 from
4.6x in June 2015 while its interest coverage ratio (EBIT/Interest)
rose to 3.8x from 2.4x.  Moody's expects these metrics to remain
relatively stable in the fourth quarter of fiscal 2016 since the
company will begin to compare against the period when its financial
results started to substantially improve last fiscal year.  Further
improvement in Atkore's credit metrics will be limited unless the
company chooses to use more of its cash to repurchase its term loan
debt.  Atkore's credit metrics could also weaken in fiscal 2017 if
nonresidential construction activity slows, steel and copper prices
decline and its material spreads contract or it pursues debt
financed acquisitions.  The company has been acquisitive
historically and indicated it is currently evaluating a few
opportunities.

Atkore's SGL-2 rating reflects its good liquidity profile.  The
company had $131 million of cash and $245 million of borrowing
availability on its $325 million asset based revolving credit
facility as of June 2016.  Atkore had no outstanding borrowings on
the revolver, which is mainly used for seasonal and cyclical
working capital support and to fund acquisitions.  The maturity
date of the ABL facility is October 2018.

Atkore's stable ratings outlook reflects Moody's expectation that
its operating results and credit metrics will remain relatively
stable over the next 12 to 18 months.

Atkore's ratings could be upgraded if its leverage ratio
(Debt/EBITDA) is sustained at less than 4.0x and its interest
coverage (EBIT/Interest Expense) at more than 2.5x and it maintains
good liquidity.

Atkore's rating is not likely to be downgraded in the near term,
but could be lowered if EBIT/interest declines below 2.0x, its EBIT
margin declines to less than 3%, or Debt/EBITDA exceeds 5.0x on a
sustained basis.  A material contraction in liquidity could also
result in a downgrade.

The principal methodology used in these ratings was Global Steel
Industry published in October 2012.

Atkore International, Inc., headquartered in Harvey, Illinois is a
manufacturer of products that deploy, isolate, and protect a
structure's electrical circuitry and are typically used in
non-residential construction.  These products include steel and PVC
electrical conduit, armored and metal-clad cable and metal framing
and support structures such as cable trays, ladders and wire
baskets.  The company operates in two reportable segments:
Electrical Raceway products (about 60% of sales) and Mechanical
Products and Solutions (40%).  Atkore's revenues for the trailing
twelve months ended June 24, 2016 were approximately $1.5 billion.
Atkore International, Inc. is a wholly owned subsidiary of Atkore
International Holdings Inc., which in turn is 100% owned by Atkore
International Group Inc.  Clayton Dubilier & Rice LLC (CD&R) owns
about 80% of the shares outstanding of Atkore International Group
Inc.


ATRIUM EXECUTIVE: Sale of Furniture and Equipment Approved
----------------------------------------------------------
Judge Andrew B. Altenburg, Jr., of the U.S. Bankruptcy Court for
the District of New Jersey authorized Atrium Executive Suites &
Conference Center, LLC, to sell the furniture and equipment located
in its former East Brunswick location to Tower Two Center, LLC.

The sale is free and clear of all liens, claims, and encumbrances
of any kind.

Payment for the Subject Property will be made directly to Covenant
Bank, and applied to reduce the secured claim of Covenant Bank.

The Motion was filed jointly by Debtor, Tower Two Center, LLC and
the buyer.

Attorneys for the Debtor-in-Possession:

          Paul Pflumm
          JOSEPH A. McCORMICK, JR., P.A.
          76 Euclid Avenue, Suite 103
          Haddonfield, New Jersey 08033
          Telephone: (856) 795-6500
          E-mail: ppflumm@mccormicknjlaw.com

Attorneys for Tower Two Center:

          Martha B. Chovanes, Esq.
          FOX ROTHSCHILD LLP
          2000 Market Street, 20th Floor
          Philadelphia, PA 19103
          Telephone: (215) 299-2019
          Facsimile: (215) 299-2150
          E-mail: mchovanes@foxrothschild.com

Counsel for Covenant Bank:

          David Banks, Esq.
          BANKS & BANKS
          3038 Church Road
          Lafayette Hill, PA 19444
          Telephone: (610) 940-3900
          E-mail: bbwlaw@yahoo.com

         About Atrium Executive Suites & Conference Center

Atrium Executive Suites & Conference Center, LLC sought the Chapter
11 protection (Bankr. D.N.J. Case No. 16-17547) on April 19, 2016.
The petition was signed by Laura Hart, executive director.

Judge Andrew B. Altenburg Jr. is assigned to the case.

The Debtor estimated assets in the range of $0 to $50,000 and $1
million to $10 million in debt.

Paul Stadler Pflumm, Esq. at Law Offices of Joseph A. McCormick,
Jr. P.A. serves as the Debtor's counsel.



AURORA GAS: U.S. Trustee Forms 5-Member Committee
-------------------------------------------------
Gail Brehm Geiger, Acting U.S. Trustee for Region 18, appointed on
Aug. 9 five creditors to serve on the official committee of
unsecured creditors in the Chapter 11 case of Aurora Gas LLC.

The committee members are:

     (1) Tyonek Native Corporation
         Connie Downing
         1689 C Street, Suite 219
         Anchorage, AK 99501
         Tel: (907) 272‐0707  
         E-mail: cdowning@tyonek.com

     (2) Tyonek Contractors
         Don Standifer
         1689 C Street, Suite 219
         Anchorage, AK 99501
         Tel: (907) 272‐0707
         E-mail: jstandifer@tyonek.com

     (3) Knight Oil Tools, LLC
         Celeste Pollitt
         2727 SE Evangeline Thruway
         Lafayette, CA 70508‐2205
         Tel: (337) 524‐1916
         E-mail: cpollitt@knightoiltools.com

     (4) Aurora Well Service, LLC
         G. Scott Pfoff
         4645 Sweetwater Blvd., Suite 200
         Sugar Land TX, 77479
         Tel: (281) 495‐9051
         E-mail: gsofoff@aurorapower.com

     (5) Tanks A Lot, Inc.
         Sam Cannata
         P.O Box 1636  
         Morgan City, LA 70380
         Tel: (985) 385‐2364
         E-mail: Tal.office@tanksalotinc.net

Official creditors' committees have the right to employ legal and
accounting professionals and financial advisors, at a debtor's
expense.  They may investigate the debtor's business and financial
affairs.  Importantly, official committees serve as fiduciaries to
the general population of creditors they represent.

Sugarland, Texas-based Aurora Gas LLC owns and operates
gas-producing properties in Alaska and also engages in the
exploration and development of gas properties.

Erik LeRoy, Esq., at Erik Leroy P.C., on behalf of Aurora Well
Service, LLC, Shirleyville Enterprises, LLC, and Tanks A Lot,
Inc.,
filed a involuntary Chapter 11 bankruptcy petition against the
Debtor (Bankr. D. Alaska Case No. 16-00130) on May 3, 2016.


AURORA OPERATING: Unsecureds to be Paid 100% in 2 Installments
--------------------------------------------------------------
Aurora Operating, LLC, filed with the U.S. Bankruptcy Court for the
Southern District of Texas a second amended disclosure statement in
support of the Debtor's plan of reorganization.

Under the Plan, holders of Class 3 – Unsecured Claims (not
exceeding $2,000), in full satisfaction, release and discharge of,
and in exchange for, all of their respective allowed unsecured
claims, will receive payment in full, but in two installments.  The
first installment will be made 30 days after the Effective Date in
an amount equal to 50% the allowed claim of each unsecured claimant
in Class 3.  The balance of the claim will be paid 180 days after
the Effective Date of the Plan.

Alternatively, if a holder of an allowed Class 3 Claim elects to
reduce its claim to 50% of its allowed claim, it will be paid 10
days after the Effective Date after payment in full of all
administrative claims.  Class 3 is impaired.  There are
approximately 10 creditors that comprise Class 3 with claims in the
amount of $9,467.64.

Holders of Class 4 – Unsecured Claims (exceeding $2000), in full
satisfaction, release and discharge of, and in exchange for, all of
their respective allowed unsecured claims, will receive (i) and
initial cash payment equal to 5% of their allowed unsecured claim
made within 90 days after the Effective Date and (ii) a prorata
share of the Net Production Revenue attributable to the Swenson No.
1 Well.  It is anticipated that the payments will be made by the
Plan Trustee on a pro rata basis over an 18 to 36 month period from
the Effective Date of the Plan.  Class 4 allowed claims will be
paid in full.

Alternatively, a holder of an allowed Class 4 claim may elect to
reduce its allowed claim to $2,000 and be treated in accordance
with Class 3.  Class 4 is impaired.  There are approximately 33
creditors that comprise Class 4, with claims in the amount of
$1,473,745.11.

The Plan will be funded exclusively from net operational revenues
from the current production of the Swenson No. 1 Well.

The Second Amended Disclosure Statement is available at:

           http://bankrupt.com/misc/txsb16-30218-76.pdf

The Plan was filed by the Debtor's counsel:

     CRAIG H. CAVALIER, ESQ.
     5555 West Loop South, Suite 600
     Bellaire, TX 77401
     Tel: (713) 621-4720
     Fax: (713) 621-4779
     E-mail: ccavalier@cavalierlaw.net

          -- and --

     JAMES B. JAMESON, ESQ.
     P.O. Box 980575
     Houston, TX 77098
     Tel: (713) 807-1705
     Fax: (713) 807-1710
     E-mail: jbjameson@jamesonlaw.net

                     About Aurora Operating

Aurora Operating, LLC, is a foreign limited liability company
transacting business in Texas.  It was organized under the laws of
the state of Delaware on March 18, 2015.  Aurora Operating is owned
by a sole member AEC and is registered with the Texas Railroad
Commission as an Operator (No. 036924).  It operates and manages
certain oil and gas properties owned by Aurora Energy Corporation
and Metona Energy III, LP.  The oil and gas properties are part of
the Swenson Ranch Field located in Throckmorton County, Texas.  AEC
owns approximately 70% of the working interest and the other 30% is
owned by Metano.  The Debtor serves as a contract operator pursuant
to the terms and provisions of a Joint Operating Agreement executed
by the working interest owners on April 1, 2015.

The Debtor sought protection under Chapter 11 of the Bankruptcy
Code (Bankr. S. D. Texas Case No. 16-30218) on Jan. 11, 2016.  The
petition was signed by Andrey Platunov, operating director.  

At the time of the filing, the Debtor disclosed $2.37 million in
assets and $2.35 million in liabilities.


B5 INC: Names Thomas Luikens as Attorney
----------------------------------------
B5, Inc. seeks authorization from the U.S. Bankruptcy Court for the
District of Arizona to employ Thomas G. Luikens as attorney.

The Debtor requires Mr. Luikens to:

   (a) give the Debtor legal advice with respect to the powers and

       duties of a Debtor-in-Possession in the continued operation

       of the business and management of estate property;

   (b) take necessary action to protect estate property against
       adverse actions by creditors, including, but not limited
       to, defense of reclamations and litigation for relief from  
  
       the automatic stay which potentially would impair or
       diminish property of the estate if not opposed;

   (c) prepare on behalf of applicant as Debtor-in-Possession all
       necessary applications, answers, schedules, interim monthly

       reports, and other legal papers required to be filed by a
       Debtor-in Possession;

   (d) act as special counsel for the Debtor and the Debtor-in-
       Possession to prosecute or defend adversary proceedings
       which may be filed in the Bankruptcy Court; and

   (e) perform all of the legal services for the Debtor-in-
       Possession which may be necessary herein, including
       representing the Debtor at the meeting of creditors and at
       the interview of the Debtor by the U.S. Trustee, and at any

       court hearing at which the Debtor is required to appear by  

       legal counsel; and it is necessary for Debtor as Debtor-in-
       Possession to employ an attorney for such professional
       services.

The Debtor will pay Mr. Luikens not less than $360 per hour, and
lesser rates for associate attorneys and paralegal staff, if
required and provided.

Mr. Luikens will also be reimbursed for reasonable out-of-pocket
expenses incurred.

Mr. Luikens assured the Court that the firm is a "disinterested
person" as the term is defined in Section 101(14) of the Bankruptcy
Code and does not represent any interest adverse to the Debtors and
their estates.

The attorney can be reached at:

       Thomas G. Luikens, Esq.
       THOMAS G. LUIKENS, P.C.
       2700 N. Third Street, Suite 2005
       Phoenix, AZ 85004-4602
       Tel: (602) 277-4849
       E-mail: thomas.luikens@azbar.org

                        About B5 Inc.

B5, Inc.  dba "Spectrum Builders", based in Mesa, Ariz., filed a
Chapter 11 petition (Bankr. D. Ariz. Case No. 16-08760) on July 29,
2016.  Hon. Madeleine C. Wanslee presides over the case.  Thomas G.
Luikens, Esq. serves as Chapter 11 bankruptcy counsel for the
Debtor.

In its petition, the Debtor estimated $0 to $50,000 in assets and
$1 million to $10 million in liabilities.  The petition was signed
by Christopher J. Brown, president.


BCD ACQUISITION: Moody's Assigns B3 CFR, Outlook Stable
-------------------------------------------------------
Moody's Investors Service assigned BCD Acquisition, Inc. ("Big
Tex") a first time B3 Corporate Family Rating and B3-PD Probability
of Default Rating.  Concurrently, Moody's assigned a B3 rating to
the company's proposed $670 million first lien senior secured
notes.  The ratings outlook is stable.

BCD Acquisition, Inc. ("Big Tex") is a newly formed company
resulting from the planned acquisition of American Trailer Works,
Inc. ("ATW"), a manufacturer of primarily consumer grade utility
and cargo trailers in North America, by BT Acquisition, Inc. (d/b/a
Big Tex Trailers, Inc.), a manufacturer and retailer of
professional grade utility trailers and parts in North America. Big
Tex is raising $670 million of senior secured notes, a portion of
which will fund the ATW acquisition and repay a note from the
sponsor/owner, Bain Capital ("Bain"), of about $285 million as well
as ATW debt.  Bain closed on its acquisition of Big Tex Trailers on
Dec. 18, 2015, and subsequently entered into an agreement to
acquire ATW, following which it announced a plan to combine the two
companies in January 2016.  At the conclusion of the transactions,
Bain will have contributed approximately 30% of equity in the
combined entity, BCD Acquisition, Inc.

Moody's assigned these ratings:

BCD Acquisition, Inc.

  Corporate Family Rating, B3;

  Probability of Default Rating, B3-PD;

  Senior secured notes: B3 (LGD4).

The ratings outlook is stable.

                         RATINGS RATIONALE

The B3 CFR reflects Big Tex's high initial leverage, pro forma for
ATW, with Debt/EBITDA at approximately 6 times for fiscal 2016,
ended July 31 (all numbers inclusive of Moody's standard
adjustments), and considers its modest revenue size, significant
product concentration, and exposure to end-markets that are
cyclical and sensitive to macroeconomic conditions, and currently
under pressure.  These include the agriculture, construction and
other industrial markets.  Moody's anticipates a slow industrial
end-market recovery, which will weigh on top-line growth,
profitability and cash flow generation.  Due to headwinds in a
majority of the company's industrial end markets, Moody's views the
demand environment as unlikely to support material organic growth
in revenues and EBITDA.  Thus, Moody's anticipates modest top-line
growth in the low to mid-single digit range, and expects cost
saving initiatives to support some margin enhancement and improve
credit metrics over the next 12 to 18 months.  The acquisition is
transformative, considering it more than doubles Big Tex's revenues
but also increases its leverage by approximately two turns and
presents some integration risk. Accordingly, the combined company
has no operating track record and is under a fairly new management
team, which presents execution risks.

The rating is supported by the company's broad end markets and good
regional diversification in terms of retail distribution and
manufacturing facilities.  As well, its stronger market position as
a result of the ATW acquisition will enable the company to sell a
wider product range.  Although the products can be substituted, the
company's long-standing customer relationships help it to maintain
market share.  Big Tex should generate modest free cash flow,
following significant investments in manufacturing capacity in
recent years and modest capital expenditures expected near-term.
Nevertheless, Moody's believes the company will continue to
prioritize growth both organically and via acquisitions, over debt
repayment.

Moody's anticipates that Big Tex will maintain an adequate
liquidity profile at least through fiscal 2017, supported by
positive free cash flow generation.  Additional liquidity will be
provided by a proposed (unrated) $100 million asset-based revolving
credit facility, with minimal usage expected and a covenant-lite
credit agreement.  This partially offsets a tendency of carrying
low cash balances of less than $5 million.  Revolver usage will be
subject to a springing covenant for the coverage of fixed charges,
tested only if revolver availability declines to the greater of 10%
of the borrowing base and $10 million.  With no amortization
requirements, Moody's believes the company will likely use free
cash to fund acquisitions, given its acquisitive nature, or equity
distributions.

The B3 rating on the senior secured notes, at the same level as the
CFR, reflects the preponderance of this class of debt in the
capital structure.

The stable rating outlook reflects Moody's expectation that the
company will manage costs efficiently, including the right-sizing
of operations, to support margins and improve credit metrics amidst
revenue headwinds in its industrial end-markets, partially
mitigated by modest anticipated GDP growth and better prospects in
certain end-markets such as residential construction.

The ratings could be upgraded if Big Tex demonstrates successful
integration of ATW by improving operating margins to the high teen
percentage range and generating higher free cash flow with amounts
applied to debt reduction, such that Debt to EBITDA were to be
sustained below 4x.

The ratings could be downgraded with a material decline in
operating margins such that Big Tex were unable to sustain adequate
liquidity.  Similarly, the ratings could come under pressure if
Debt to EBITDA were to remain over 6 times or EBITA-to-interest
below 1.5 times on a sustained basis.  Inability to achieve
targeted cost efficiencies and successfully integrate ATW to
steadily boost margins, or the making of other sizeable debt-funded
acquisitions, particularly in a difficult end-market environment,
could also pressure the ratings.  Shareholder-friendly actions that
compromise creditor interests could also drive downward ratings
momentum.

The principal methodology used in these ratings was Global
Manufacturing Companies published in July 2014.

BT Acquisition, Inc. (d/b/a Big Tex Trailers, Inc.), based in Mt.
Pleasant, Texas, is a manufacturer of professional grade utility
trailers and spare parts in North America.  The company is planning
to acquire America Trailer Works, Inc. ("ATW"), a manufacturer of
primarily consumer grade utility and cargo trailers.  The new
combined company will be BCD Acquisition, Inc. Pro forma for the
transaction, revenues would be approximately $900 million as of the
fiscal year period 2016 (ended July 31) for BT Acquisition, Inc.,
and the last twelve months ended June 30, 2016, for ATW.  The
company is majority-owned by funds affiliated with Bain Capital.


BECK & BECK: Hearing on Plan Outline Scheduled for Sept. 21
-----------------------------------------------------------
The Hon. Madeleine C. Wanslee of the U.S. Bankruptcy Court for the
District of Arizona has set the hearing to consider approval of
Beck & Beck Enterprise Inc.'s disclosure statement accompanying the
Debtor's Chapter 11 plan for Sept. 21, 2016, at 10:00 a.m.

The Debtor filed the Disclosure Statement and Plan on July 21,
2016.

Headquartered in Scottsdale, Arizona, Beck & Beck Enterprise Inc.
filed for Chapter 11 bankruptcy protection (Bankr. D. Ariz. Case
No. 15-15092) on Nov. 25, 2015, estimating its assets at between $1
million and $10 million and liabilities at between $500,000 and $1
million.  The petition was signed by Bo Beck, president.

Judge Madeleine C. Wanslee presides over the case.

Bert L Roos, Esq., Gertell & Roos, PLLC, serves as the Debtor's
bankruptcy counsel.


BELK INC: Bank Debt Trades at 13% Off
-------------------------------------
Participations in a syndicated loan under BELK, Inc is a borrower
traded in the secondary market at 86.55 cents-on-the-dollar during
the week ended Friday, July 22, 2016, according to data compiled by
LSTA/Thomson Reuters MTM Pricing.  This represents an increase of
2.47 percentage points from the previous week.  BELK, Inc pays 450
basis points above LIBOR to borrow under the $1.5 billion facility.
The bank loan matures on Nov. 19, 2022 and carries Moody's B2
rating and Standard & Poor's B+ rating.  The loan is one of the
biggest gainers and losers among 247 widely quoted syndicated loans
with five or more bids in secondary trading for the week ended July
22.


BLACK CANYON: Taps KW Commercial as Real Estate Brokers
-------------------------------------------------------
Black Canyon Acquisitions, LLC filed an ex parte application to the
U.S. Bankruptcy Court for the Western District of Washington to
employ Gregory Phillip Winters Davis and KW Commercial as real
estate professional.

Mr. Davis and KW Commercial will list, market and sell the Debtor's
property.

The real estate commission is 6%.

Mr. Davis assured the Court that the firm is a "disinterested
person" as the term is defined in Section 101(14) of the Bankruptcy
Code and does not represent any interest adverse to the Debtors and
their estates.

Black Canyon Acquisitions, LLC, filed for Chapter 11 bankruptcy
protection (Bankr. W.D. Wash. Case No. 16-42228) on May 24, 2016.
Patrick H Brick, Esq., at Pike Tower Building serves as the
Debtor's bankruptcy counsel.

The U.S. Trustee has informed the Bankruptcy Court that a committee
of unsecured creditors has not been appointed in the case due to
insufficient response to the U.S. Trustee communication/contact for
service on the committee.


BUILDERS FIRSTSOURCE: Moody's Rates Proposed $750MM Sr. Notes B3
----------------------------------------------------------------
Moody's Investors Service assigned a B3 rating to Builders
FirstSource, Inc.'s ("BLDR") proposed $750 million senior secured
notes due 2024.  Proceeds from the proposed notes will be used to
redeem the company's existing 7.625% $583 million senior secured
notes due 2021, at which time the rating for this debt will be
withdrawn, to reduce the senior secured term maturing 2022 by $124
million to approximately $472 million, and to pay for the call
protection and related fees and expenses.  BLDR anticipates a
reduced rate for the proposed notes relative to the existing notes
that are being refinanced.  Moody's expects the proposed notes to
have substantially the same terms and conditions as the existing
senior secured notes due 2021, and to rank pari passu to the
company's $472 million senior secured term loan due 2022, which is
rated B3.  BLDR's B3 Corporate Family Rating and its B3- PD
Probability of Default Rating are not impacted by the proposed
transaction.  The Caa2 rating assigned to the Notes due 2023, as
well as its SGL-3 speculative grade liquidity rating, remain
unchanged.  The rating outlook is stable.

Moody's views the proposed lower pricing and maturity date
extension for the secured notes as credit positives.  Cash interest
savings could be upwards of $14 million per year. However, BLDR
will not begin to reap the benefits of these lower cash interest
payments until mid-2019, since it needs to pay for the call
protection and related fees and expenses.  Despite the interest
savings and higher level of debt, we anticipate only modest
improvement in interest coverage and minimal deterioration in debt
leverage characteristics.  Upon closing of the proposed notes
issuance, BLDR will have about $2.2 billion of total debt,
inclusive of about $280 million of lease finance and capital lease
obligations and approximately $190 million of adjustments for
operating lease commitments.  The maturity extension of the secured
notes reduces a wall of debt maturing in the 2021-2022 time frame
to $472 million from about $1.2 billion.  BLDR has an extended debt
maturity profile with the nearest maturity coming in July 2020 when
its revolver comes due followed by its term loan maturing July
2022.

Issuer: Builders FirstSource, Inc.

Assignments:
  Senior Secured Regular Bond/Debenture, Assigned B3 (LGD4)

LGD Adjustment:
  Senior Unsecured Regular Bond/Debenture, Adjusted to LGD5 from
   LGD6

                         RATINGS RATIONALE

Builders FirstSource's B3 Corporate Family Rating reflects its
currently highly leveraged capital structure.  Expectations of
modestly improving operating margins, albeit from low levels,
provide some offset to the large amount of debt in BLDR's capital
structure.  In addition, new housing construction and repair and
remodeling activity, main revenue drivers, are experiencing solid
growth trends, which Moody's expects to continue over the next 12
to 18 months.  Good revolver availability provides much needed
liquidity for the company to contend with high fixed charge
payments while meeting seasonal working capital demands.

Moody's still anticipates operating leverage and cost synergies
from ongoing integration of ProBuild translating into operating
margins expanding to 4.5% by year-end 2017 from 3.3% for LTM 1Q16.
BLDR's operating margins are good relative to similarly rated
distributors.  Higher revenues, better operating performance, and
lower cost of debt will translate into better coverage ratios.
Moody's projects adjusted interest coverage (measured as
EBITA-to-interest expense) improving towards to nearly 2.0x now
over our time horizon from slightly above 1.25x for LTM 1Q16,
inclusive of only 8 months of ProBuild earnings.  However, BLDR
will remain leveraged over the next 12 to 18 months despite better
operating performance.  Moody's forecasts adjusted debt-to-EBITDA
trending towards 5.2x now by year-end 2017 from 8.3x at 1Q16 (all
ratios include Moody's standard adjustments).

The principal methodology used in this rating was Distribution &
Supply Chain Services Industry published in December 2015.

Builders FirstSource, Inc. ("BLDR") headquartered in Dallas, TX, is
one of the largest national suppliers of building products,
prefabricated components, and services for new residential
construction and repair and remodeling.  It distributes lumber and
lumber sheet goods, millwork, windows, interior and exterior doors,
and other building products, as well as manufactured components and
construction services.  JLL Partners, through its respective
affiliates, is the largest shareholder.  Pro forma revenues for the
12 months through June 30, 2016, totaled approximately $6.2
billion.


BUILDERS FIRSTSOURCE: S&P Rates Proposed $750MM Sr. Notes 'B+'
--------------------------------------------------------------
S&P Global Ratings assigned its 'B+' issue-level rating and '3'
recovery rating to Dallas-based Builders FirstSource Inc.'s
proposed $750 million senior secured notes due 2024.  S&P also
affirmed its 'B+' issue-level rating and '3' recovery rating on
Builders' $600 million first-lien term loan due 2022 (original
issue amount; $471 million outstanding pro forma for the
transaction).  Finally, S&P affirmed its 'B-' issue-level rating
and '6' recovery rating on Builders' $700 million senior unsecured
notes due 2023.  The '3' recovery rating on the senior secured
notes and term loan indicates S&P's expectation for meaningful
(50%-70%, lower half of the range) recovery in the event of a
payment default.  The '6' recovery rating on the senior notes
indicates S&P's expectation for negligible (0%-10%) recovery in the
event of a payment default.

Builders will use proceeds from the proposed senior secured notes
to refinance its existing $350 million senior secured notes due
2021 (original issue amount; $583 million outstanding as of
June 30, 2016) and partially redeem its existing $600 million
first-lien term loan due 2022 (original issue amount; $596 million
outstanding as of June 30, 2016).

While the transaction raises leverage, S&P's ratings incorporate an
expectation that leverage would remain in the 5x-6x range. Despite
the increase in debt, S&P continues to expect the company to
generate meaningful free cash flow.  S&P's ratings also reflect the
company's position as the largest distributor of building products
in the U.S.; the inherent volatility of profitability of building
materials distributors; and Builders' lack of end market diversity,
with two-thirds of its sales correlated to the highly cyclical
single-family residential construction sector.

The corporate credit rating on Builders FirstSource is 'B+', with a
stable outlook.

                          RECOVERY ANALYSIS

Key analytical factors

S&P Global Ratings' simulated default scenario contemplates a
default occurring in 2020 in the wake of a prolonged material
downturn in the U.S., leading to a decline in volume; overcapacity
dynamics in the industry; commodity-like nature of the company's
products; and loss of market share due to a more competitive
operating environment.  As revenues and margins decline, the
company finds itself in the position of having to fund operating
losses/debt service with available cash and, to the extent
available, its asset-based lending (ABL) facility.  Eventually, the
company's liquidity and capital resources become strained to the
point where the company cannot continue to operate absent a
bankruptcy filing, after which S&P would assume a reorganization.

S&P's use of a 5.5x multiple for Builders is consistent with S&P's
typical 5x-6x multiple range for most building materials
companies.

Simulated default assumptions
   -- Year of default: 2020
   -- EBITDA at emergence: $210 million
   -- Implied enterprise valuation (EV) multiple: 5.5x
   -- Gross EV: $1.2 billion

Simplified waterfall
   -- Net EV (after 5% administrative costs): $1.1 billion
   -- Estimated priority claims (60% usage of $800 million ABL
      facility, net of about $80 million of undrawn letters of
      credit): $410 million
   -- Remaining value: $685 million
   -- Estimated senior secured claims: (term loan: $465 million;
      senior secured notes: $780 million): $1.2 billion
      -- Recovery expectation: 50% to 70% (lower half of range)
   -- Remaining value for senior unsecured notes: $0
      -- Recovery expectation: 0% to 10%

Ratings List

Builders FirstSource Inc.
Corporate Credit Rating                B+/Stable/--

New Rating

Builders FirstSource Inc.
Senior Secured
  $750 mil nts due 2024                 B+
   Recovery Rating                      3L

Ratings Affirmed

Builders FirstSource Inc.
Senior Secured
  Local Currency                        B+
   Recovery Rating                      3L
Senior Unsecured                       B-
  Recovery Rating                       6


C-LEVELED LLC: Hires Calaiaro Valencik as Counsel
-------------------------------------------------
C-Leveled, LLC seeks authorization from the U.S. Bankruptcy Court
for the Western District of Pennsylvania to employ Calaiaro
Valencik and Donald R. Calaiaro as counsel.

The Debtor requires Calaiaro Valencik to provide these services:

   (a) preparation of the bankruptcy petition and attendance at
       the first meeting of creditors;

   (b) representation of the Debtor in relation to acceptance or
       rejection of executory contracts;

   (c) advising the Debtor with regard to its rights and
       obligations during the Chapter 11 reorganization;

   (d) advising the Debtor regarding possible preference actions;

   (e) representation of the Debtor in relation to any motions to
       convert or dismiss the Chapter 11;

   (f) representation of the Debtor in relation to any motions for

       relief from stay filed by creditors;

   (g) preparation of the Plan of Reorganization and Disclosure
       Statement;

   (h) preparation of any objection to claims in the Chapter 11;
       and

   (i) otherwise, representing the Debtor in general.

Calaiaro Valencik will be paid at these hourly rates:

       Donald R. Calaiaro         $350
       David Z. Valencik          $300
       Staff Attorney             $250
       Paralegal                  $100

Calaiaro Valencik will also be reimbursed for reasonable
out-of-pocket expenses incurred.

Donald R. Calaiaro has agreed to a retainer of $5,000 and the
parties acknowledge that the firm may petition the Court for
additional interim distribution. Prior to the Bankruptcy, the
Debtor also paid the filing fee.  The retainer is deposited into
the Firm's escrow account until fees have been approved by this
court.

Donald R. Calaiaro assured the Court that the firm is a
"disinterested person" as the term is defined in Section 101(14) of
the Bankruptcy Code and does not represent any interest adverse to
the Debtors and their estates.

The Bankruptcy Court will hold a hearing on the application on
September 15, 2016, at 9:00 a.m.  Objections, if any, are due
August 18, 2016.

Calaiaro Valencik can be reached at:

       Donald R. Calaiaro, Esq.
       David Z. Valencik, Esq.
       CALAIARO VALENCIK
       428 Forbes Avenue, Suite 900
       Pittsburgh, PA 15219-1621
       Tel: (412) 232-0930
       E-mail: dcalaiaro@c-vlaw.com
               dvalencik@c-vlaw.com

                      About C-Leveled LLC

C-Leveled, LLC, based in Pittsburgh, Pa., filed a Chapter 11
petition (Bankr. W.D. Pa. Case No. 16-22748) on July 26, 2016.
Hon. Gregory L. Taddonio presides over the case. Donald R.
Calaiaro, Esq. of Calaiaro Valencik as bankruptcy counsel.

In its petition, the Debtor estimated $0 to $50,000 in assets and
$1 million to $10 million in liabilities.  The petition was signed
by Denise DeSimone, chairman.



CABIN HOLLOW: Plan Outline Ok'd, Confirmation Hearing on Sept. 21
-----------------------------------------------------------------
The U.S. Bankruptcy Court for the Middle District of Pennsylvania
is set to hold a hearing on September 21, at 10:00 a.m., to
consider approval of the Chapter 11 plan of Cabin Hollow
Enterprises LLC, a Corporation.

The hearing will take place at the Bankruptcy Courtroom, Third
Floor, The Ronald Reagan Federal Building, Third and Walnut
Streets, Harrisburg, Pennsylvania.

The bankruptcy court had earlier issued an order approving Cabin
Hollow's disclosure statement, allowing the company to start
soliciting votes from creditors.  

The July 26 order set an August 30 deadline for creditors to cast
their votes and file their objections to the plan.  The deadline
for Cabin Hollow to file a tabulation of ballots is September 14.

                        About Cabin Hollow

Cabin Hollow Enterprises LLC, a Corporation sought protection under
Chapter 11 of the Bankruptcy Code (Bankr. M. D. Pa. Case No.
11-05675) on August 15, 2011.  The petition was signed by Sara E.
Mummert, member.  

The case is assigned to Judge Robert N. Opel, II.

At the time of the filing, the Debtor estimated its assets at
$500,001 to $1,000,000 and debts at $1,000,001 to $10,000,000.


CAMP INTERNATIONAL: Moody's Hikes CFR to B3 on New Financing Deal
-----------------------------------------------------------------
Moody's Investors Service upgraded CAMP International Holding
Company's Corporate Family Rating to B3 from Caa1 and Probability
of Default Rating to B3-PD from Caa1-PD on the proposed capital
structure refinancing.  At the same time, Moody's assigned a B2
rating to the proposed $569 million first lien senior secured
credit facility, consisting of a $40 million senior secured
revolver expiring 2021 and a $529 million senior secured term loan
due 2023, as well as a Caa2 rating to the proposed $188 million
second lien term loan due 2024.  Proceeds from the proposed
transaction will be used to refinance all of CAMP's existing
debt -- including the 11% PIK notes issued at its holding company,
CAMP Investors II, Inc. -- and to pay related fees and expenses.
The rating outlook is stable.

The upgrade of CAMP's CFR to B3 is based on improvement in the
company's liquidity position through extended debt maturities and
an increase in the size of its revolving credit facility, as well
as, lower overall annual interest expense.  Under the proposed
capital structure, the revolver, previously set to expire in less
than one year, will be extended until 2021 and will be undrawn at
closing.  The proposed first lien and second lien term loans,
previously due in 2019, will be extended to 2023 and 2024,
respectively.  While the transaction reduces overall annual
interest expense by approximately $8 million as the 11% PIK notes
are repaid and replaced with less costly first and second lien bank
debt, annual cash interest will increase by approximately
$14 million.  Although the overall level of debt will remain
largely unchanged, we estimate CAMP's pro forma debt-to-EBITDA
leverage (including adjustments for the new Gulfstream agreement
and Moody's standard adjustments) at about 8.9x as of June 30,
2016, down from 10.4x at year-end 2015.  Improved liquidity
diminishes default risk and provides greater financial flexibility
for the company as it continues to deleverage gradually through
strong projected EBITDA growth; however, Moody's anticipates CAMP
will continue to maintain aggressive financial policies that could
lead to sustained high debt leverage compared with that of
similarly-rated peers.

The B2 ratings assigned to the proposed first lien credit
facilities are one notch higher than the B3 CFR, reflecting the
benefit from the loss absorption cushion provided by $188 million
of second lien debt.  The Caa2 rating on the proposed second lien
term loan, two notches below the CFR, reflects the facility's lien
subordination to close to $570 million of first lien debt.

Moody's took these rating actions on CAMP International Holding
Company:

  Corporate Family Rating, Upgraded to B3 from Caa1;
  Probability of Default Rating, Upgraded to B3-PD from Caa1-PD;
  $40 million Senior Secured Revolving Credit Facility expiring
   2021, Assigned B2 (LGD3);
  $529 million Senior Secured First Lien Term Loan due 2023,
   Assigned B2 (LGD3);
  $188 million Senior Secured Second Lien Term Loan due 2024,
   Assigned Caa2 (LGD5);
  Outlook, Stable

All ratings are subject to the execution of the transaction as
currently proposed and Moody's review of final documentation.  The
instrument ratings are subject to change if the proposed capital
structure is modified.  The B2 ratings on the company's existing
first lien credit facilities (revolver and term loan) and the Caa2
rating on the company's existing second lien term loan have not
been changed, and will be withdrawn upon close of the transaction.

                        RATINGS RATIONALE

CAMP's B3 CFR reflects the company's high but improved debt
leverage primarily as a result of the new Gulfstream agreement, its
strong niche market position, and good liquidity characterized by
healthy positive free cash flow generation, ample revolver
availability, and a covenant-lite structure.  Although the company
still exhibits very high pro forma debt-to-EBITDA leverage of 8.9x,
its earliest significant debt maturity will be pushed out to 2023
under the proposed capital structure, with pro forma
EBIT-to-interest coverage of approximately 1.1x.  Additionally, the
rating is supported by CAMP's good market position in niche
aircraft services, its high proportion of stable,
subscription-based revenue, and a track record of good pricing
flexibility.  The company has consistently achieved high customer
renewal rates and generated strong EBITDA margins, which Moody's
expects to continue.  Furthermore, the less cyclical nature of
CAMP's business relative to the broader business jet industry is
favorable, as it helps ensure positive earnings and cash flow
throughout downturns.  Notwithstanding, the company's previous $193
million dividend in 2015 and $98 million dividend in 2013 were both
funded by debt and are reflective of an aggressive financial policy
given the large size of these dividends relative to the company's
revenue and free cash flow.  The ratings also reflect the company's
small scale and on-going integration risk associated with its
acquisitive business strategy.

The stable outlook is based on the company's relatively stable
subscription-based business, good liquidity profile, and
expectation of continued positive free cash flow generation.

The ratings could be downgraded if revenues decline, operating
margins weaken from current levels, or the company fails to
demonstrate credit improvement through earnings growth or debt
repayment.  In addition, a deterioration in the company's liquidity
profile for any reason including weakening free cash flow could
also prompt a downgrade.  Large distributions to shareholders,
particularly if financed with debt, could also pressure the
ratings.

Although not anticipated over the intermediate term, the ratings
could be upgraded if debt-to-EBITDA leverage is sustained below
6.5x and free cash flow to debt exceeds 10% while maintaining a
good liquidity profile.

The principal methodology used in these ratings was Global
Aerospace and Defense Industry published in April 2014.

CAMP International Holding Company ("CAMP"), based in Ronkonkoma,
New York, provides aircraft maintenance tracking, inventory
control, and flight scheduling services management programs.  In
May 2012, CAMP was acquired through a leveraged buy-out by
affiliates of the financial sponsor GTCR, LLC in a $700 million
transaction.  CAMP's revenues for the last 12 months ended
March 31, 2016, exceeded $100 million.


CANDICE RADIX: Brooklyn Property Sale for $2.13M Approved
---------------------------------------------------------
Judge Carla E. Craig of the U.S. Bankruptcy Court for the Eastern
District of New York authorized Candice Radix, also known as
Candice Clare, to sell her real estate located at 793 Utica Avenue,
Brooklyn, New York to Linda Salamon and Eitan Kaminer for
$2,125,000.

The auction was held on July 13, 2016.  The sale is free and clear
of all liens, claims, encumbrances and interests.

Retained Realty, Inc., is the holder, by assignment, of a note and
mortgage dated Feb. 29, 2009, given by the Debtor in the original
principal amount of $495,000 pledging the property as security.

The Debtor defaulted under the note and mortgage and Retained
Realty commenced a foreclosure action in the Supreme Court of the
State of New York, County of Kings under Index Number 28886/2009.
Douglas Rosenberg was appointed receiver for the collection of
rents on the property.

The Debtor will execute the deed and other ancillary documents
required by the Purchase Agreement on or prior to Aug. 11, 2016, so
that the closing contemplated by the Purchase Agreement will be
concluded by no later than Aug. 11, 2016.

Upon the closing of the Sale, from the cash Sale proceeds, the
Debtor is authorized and directed to pay all real estate taxes
outstanding against the property, transfer taxes due from the
Debtor and customary and ordinary closing costs including the Title
Company recording charges, and the U.S Trustee's fees.

Retained Realty will be paid at closing their full payoff amount,
which amount to be provided to the Debtor no later than 5 days
prior to the closing of the sale.  Should the Debtor file an
objection to Retained Realty's claim within 10 days of the order,
the Debtor will pay the undisputed amount of Retained Realty's
claim as reflected on the Payment Schedule at closing.

All remaining funds from the closing will be held in escrow by
Receiver Douglas Rosenberg at his Trust bank account at Signature
Bank and no disbursements will be made until further order of the
Court.

Candice Radix, also known as Candice Clare, filed a Chapter 11
petition (Bankr. E.D.N.Y. Case No. 15-45460) on Dec. 2, 2015.
Candice Radix is represented by Law Offices of Morris Fateha, P.C.


CAR CHARGING GROUP: Incurs $4.40-Mil. Net Loss in Q1 Ended Mar. 31
------------------------------------------------------------------
Car Charging Group, Inc., filed its quarterly report on Form 10-Q,
disclosing a net loss of $4.40 million on $863,540 of revenue for
the three months ended March 31, 2016, compared with a net loss of
$3.68 million on $1.29 million of revenue for the same period in
2015.

The Company's balance sheet at March 31, 2016, showed $3.16 million
in total assets, $19.09 million in total liabilities, $825,000 in
series B convertible preferred stock, and stockholders' deficit of
$16.76 million.

As of March 31, 2016, the Company had a cash balance, a working
capital deficiency and an accumulated deficit of $191,924,
$17,327,733 and $77,773,447, respectively. During the three months
ended March 31, 2016, the Company incurred a net loss of
$4,400,792. These conditions raise substantial doubt about the
Company's ability to continue as a going concern.

Since inception, the Company's operations have primarily been
funded through proceeds received in equity and debt financings.
Although management believes that the Company has access to capital
resources, there are currently no commitments in place for new
financing at this time, and there is no assurance that the Company
will be able to obtain funds on commercially acceptable terms, if
at all. There is also no assurance that the amount of funds the
Company might raise will enable the Company to complete its
development initiatives or attain profitable operations. If the
Company is unable to obtain additional financing on a timely basis,
it may have to curtail its development, marketing and promotional
activities, which would have a material adverse effect on the
Company's business, financial condition and results of operations,
and ultimately the Company could be forced to discontinue its
operations and liquidate.

A copy of the Form 10-Q is available at:

                         https://is.gd/WQpzy8  

Miami Beach, Florida-based Car Charging Group, Inc., is a leading
owner, operator, and provider of electric vehicle charging
equipment and networked EV charging services.  The Company offers
both residential and commercial EV charging equipment, enabling EV
drivers to easily recharge at various location types.



CAROLINE BETH SOMERS: To Set Aside $12K to Pay Unsecured Claims
---------------------------------------------------------------
A U.S. bankruptcy court is set to hear a motion filed by Caroline
Beth Somers, a resident of Los Angeles, California, to approve the
outline of her proposed plan to exit Chapter 11 protection.

The U.S. Bankruptcy Court for the Central District of California
will take up the motion in a hearing scheduled for August 25.  Any
objection must be filed not less than 14 days prior to the
hearing.

The restructuring plan proposes to set aside $12,000 to pay
creditors holding Class 2 general unsecured claims.  Payments will
be made in 60 equal monthly installments of $200 each, starting on
the first day of the first month following the effective date of
the plan.

Class 2 general unsecured creditors assert a total of $1.69 million
in claims, according to the disclosure statement.

A copy of the disclosure statement is available for free at
https://is.gd/pIhc7Z

The Debtor is represented by:

     M. Jonathan Hayes, Esq.
     Matthew D. Resnik, Esq.
     Roksana D. Moradi, Esq.
     Simon Resnik Hayes LLP
     15233 Ventura Blvd., Suite 250
     Sherman Oaks, CA 91403
     Tel: (818) 783-6251
     Fax: (818) 827-4919
     Email: jhayes@SRHLawFirm.com
            matthew@SRHLawFirm.com
            roksana@SRHLawFirm.com

              About Caroline Beth Somers

Caroline Beth Somers, a resident of Los Angeles, California, sought
protection under Chapter 11 of the Bankruptcy Code (Bankr. C.D.
Cal. Case No. 15-28715) on December 9, 2015.  

The case was filed in large part to stop the foreclosure sale of
Debtor's home after she and her husband was unsuccessful in
obtaining a loan modification.

The case is assigned to Vincent P. Zurzolo.


CHARLES FRANCIS PATERNO: Selling Chapel Hill Property for $1.01M
----------------------------------------------------------------
Charles F. Paterno and Jacquelyn N. Paterno ask the U.S. Bankruptcy
Court for the Middle District of North Carolina to authorize the
sale of certain real property known and designated as 405
Meadowmont Lane, Chapel Hill, NC, to Padma Gulur for $1,010,000.

The Real Property was listed on Debtor's petition as having a value
of $1,380,892.

On June 22, 2016, the Paternos entered into Offer to Purchase and
Contract to the buyer.  A copy of the Contract attached to the
Motion is available for free at:

http://bankrupt.com/misc/Charles_Jacquelyn_Paterno_309_Sales.pdf

The Real Property is subject to outstanding liens and encumbrances
having approximate balance as follows:

   a. Nationstar, 1st Deed of Trust in the amount of $825,000;
   b. BB&T, 2nd Deed of Trust in the amount of $128,279;
   c. BB&T, 3rd Deed of Trust in the amount of $344,260;
   d. Orange County Tax Office, Real Estate taxes of $22,476; and
   e. Arbor One, judgment lien in the amount of $7,707,523.

Pursuant to 11 U.S.C. Sec. 363(f)(3), Orange County will be paid in
full from the sale.  Pursuant to Section 363(f)(2), Nationstar,
BB&T and ArborOne consent to the sale.

The consent of Nationstar and BB&T are contingent upon these:

   a. Nationstar will be paid $825,000 at closing.  This payment
will constitute a full and complete settlement of Nationstar's
Claim No. 10 in the bankruptcy, and Nationstar voluntarily waives
any right to assert an unsecured deficiency claim in this
bankruptcy;

    b. BB&T will be paid $90,000 at closing, which will be applied
to its Claim No. 9.  BB&T will file an amended proof of claim
designating the balance of Claim No. 9 and all of Claim No. 10 as
general unsecured claims.

Therefore, the debtors-in-possession may sell the Real Property
free and clear of liens.  The proposed sale will not affect the
Paternos' ability to successfully complete their Chapter 11 plan or
adversely affect the interests of the bankruptcy estate or
creditors.

To facilitate the proposed sale, the Debtors engaged a
disinterested professional real estate broker from Coldwell Banker
Howard Perry and Walston, and request approval to pay the Broker a
commission of $26,400, which amount is fair and customary in
residential sales and to be paid at closing of the sale of the real
property together with outstanding liens, encumbrances, property
taxes, and other customary closing expenses.  The court has already
approved the commission of HPW by order dated June 12, 2014.

The buyer has retained Fonville Morisey, which will be paid from
the sale of the Real Property.

The brokers have agreed to pay $4,000 from their commission toward
the costs of bankruptcy counsel's administrative costs in
connection with approval of the sale, and has agreed that any
remaining funds may be applied to other outstanding administrative
expenses of bankruptcy counsel.  These funds will be paid into
undersigned counsel's trust account and paid pursuant to subsequent
Court Order.

Counsel to the Debtors:

          James C. White
          PARRY TYNDALL WHITE
          100 Europa Dr. Suite 401
          Chapel Hill, NC 27517
          Telephone: (919) 246-4676
          Facsimile: (919) 246-9113
          E-mail: jwhite@ptwfirm.com

Charles F. Paterno and Jacquelyn N. Paterno sought the Chapter 11
protection (Bankr. M.D.N.C. Case No. 14-80278) on March 14, 2014.


CHICORA LIFE: Plan Confirmation Hearing Set for Sept. 12
--------------------------------------------------------
The U.S. Bankruptcy Court for the District of South Carolina has
conditionally approved Chicora Life Center, LC's disclosure
statement dated July 15, 2016.

A hearing on the final approval of the Disclosure Statement and
confirmation of the Plan is set for Sept. 12, 2016, at 11:00 a.m.

As reported by the Troubled Company Reporter on Aug. 1, 2016, the
Debtor filed its proposed plan to exit Chapter 11 protection, which
proposes that general unsecured claims are classified in Class 9.
This class includes counterclaims or cross-claims made by litigants
in the disputes with Fetter Heath Care Network Inc., Charleston
County, John Singletary, Lee and Associates, or Matthew Richard
Moore.

Sept. 6, 2016, is fixed as the last day for filing written
acceptances or rejections of the Plan and the last day for filing
and serving written objections to the Disclosure Statement and
confirmation of the Plan.

The Plan, Disclosure Statement and ballot conforming to Official
Form 14 must be mailed to creditors, equity security holders, and
other parties-in-interest and will be transmitted to the U.S.
Trustee by Aug. 9, 2016.

                    About Chicora Life Center

Chicora Life Center, LC, sought protection under Chapter 11 of the
Bankruptcy Code (Bankr. D. S.C. Case No. 16-02447) on May 16, 2016.
The petition was signed by Jeremy K. Blackburn, property manager.
The Debtor is represented by G. William McCarthy, Jr., Esq., at
McCarthy Law Firm, LLC.  The Debtor disclosed total assets of $48.3
million and total debts of $22.09 million.


CINEVIA CORPORATION: Wants Tenants' Mail Sent Through Freiria
-------------------------------------------------------------
Cinevia Corporation asks the U.S. Bankruptcy Court for the District
of Puerto Rico to appoint Realtor Mrs. Lucy Freiria as the Court's
communication agent.

The Debtor relates that mail sent by the Court to the tenants of
the building located in 103 Cristo St., Old San Juan, San Juan, PR,
were returned.  The Debtor further relates that some of the
apartments in the building are rented by Mrs. Freiria.

Mrs. Freiria noted that some tenants leave the gates, which lead
toward the mail boxes, open.  She further noted that tenants often
complain that other tenants leave the gates open and that they lose
many of the mail that were sent to them.

The Debtor requests that the office in charge of sending
communications for the Court coordinate with Mrs. Feria, and send
the Court's communications for the tenants through her.  The Debtor
tells the Court that it prefers not to be involved with the sending
of the communications to the tenants in order to avoid speculations
about their officer's performance.   

A full-text copy of the Debtor's Motion, dated Aug. 2, 2016, is
available at https://is.gd/LxO0xW

                    About Cinevia Corporation

Cinevia Corporation filed a chapter 11 petition (Bankr. D.P.R. Case
No. 15-03407) on May 5, 2015.  The petition was signed by Miguel
Pagan, President.  The Debtor is represented by Jose M. Prieto
Carballo, Esq., at JPC Law Office.  The Debtor estimated its assets
at less than $500,000 and its liabilities at less than $1 million
at the time of the filing.


CNG HOLDINGS: S&P Raises ICR to 'CCC' From SD, Outlook Negative
---------------------------------------------------------------
S&P Global Ratings said it raised its long-term issuer credit
rating on CNG Holdings Inc. to 'CCC' from 'SD' (selective default).
The outlook is negative.  The 'D' (default) issue rating and '5'
recovery rating on the senior secured notes, indicating that S&P
expects recovery to be in the lower half of the 10%-30% range,
remain unchanged.

"The 'CCC' rating reflects CNG's significant exposure to adverse
regulatory changes and its growing vulnerability to Sears Holdings
Corp. for its lease finance operations," said S&P Global Ratings
credit analyst Shakir Taylor.  "For the next 12 months, we expect
negative market dynamics within the payday industry to persist as
volumes and earnings related to short-term lending will remain
suppressed.  We believe the company may continue to contemplate
opportunities to restructure its balance sheet to offset adverse
operational pressures."

On Aug. 2, 2016, CNG announced that it repurchased $68.9 million of
its senior secured notes in a privately negotiated transaction,
which S&P views as tantamount to default, since the purchase price
was executed substantially below par.  The company facilitated the
repurchase through a new first priority credit facility containing
a $25 million revolving line of credit and $100 million term loan.
As a result, the company improved its interest coverage metrics,
extended its debt maturities, and modestly increased leverage,
measured by debt to adjusted EBITDA.  Subsequent to the repurchase,
CNG has approximately $332 million of the senior notes
outstanding.

The rating on the company's senior notes remains unchanged at 'D'
because S&P believes the company could continue to repurchase
additional notes or execute other restructuring transactions that
S&P views as distressed and tantamount to a default.

The negative outlook on CNG reflects S&P's belief that weak
operational performance may worsen, contingent upon final Consumer
Financial Protection Bureau rules, resulting in a weaker credit
profile.  S&P views that new regulations will result in lower
origination volume, initially high loan losses, higher collection
expenses, and increased compliance costs.  The outlook also
incorporates S&P's view of CNG's growing vulnerabilities to Sears
Holdings Corp., which composes in excess of 17% of total revenues
as of June 25, 2016.  S&P expects leverage, as measured as debt to
adjusted EBITDA, to remain above 5.0x for the next 24 months and
EBITDA interest coverage to remain between 1.5x-2.0x.

S&P may downgrade the company if EBITDA to interest coverage falls
below 1.5x on a sustained basis.  S&P may also downgrade CNG if the
operational performance and creditworthiness of Sears worsens and
begins to jeopardize CNG's financial performance.

There is limited potential for CNG to be upgraded at this time.
However, S&P could revise the outlook to stable if the company
adequately navigates the challenges of regulatory reform and
repositions itself to reduce leverage below 5x on a sustained
basis.


COEUR MINING: S&P Raises Rating on Sr. Unsecured Notes to 'BB-'
---------------------------------------------------------------
S&P Global Ratings raised its issue-level rating on Coeur Mining
Inc.'s senior unsecured notes to 'BB-' from 'B+'.  S&P revised the
recovery rating on the notes to '2' from '3'.  The '2' recovery
rating indicates S&P's expectation for substantial (70% to 90%;
higher end of the range) recovery of principal and interest in the
event of a payment default.

The recovery rating revision reflects the company's $100 million
debt repayment on its senior secured term loan due 2020 using
proceeds from its recent $75 million equity offering as well as
cash on hand.

In conjunction with this rating action, S&P will withdraw its
rating on the company's senior secured term loan.

                         RECOVERY ANALYSIS

   -- S&P has updated its recovery analysis on Coeur Mining to
      reflect the term loan repayment.  S&P is revising the
      recovery rating on the senior unsecured notes to '2' from
      '3' following a review of the company's recovery profile.

   -- S&P continues to assess recovery prospects on the basis of a

      reorganization value of approximately $425 million,
      reflecting emergence EBITDA of $85 million and a 5x multiple

      to be consistent with other companies in the metals and
      mining industry.

   -- S&P's simulated default scenario contemplates a combination
      of a severe decline in gold and silver prices and higher
      mining costs.  S&P's scenario also contemplates that the
      company's operating costs increase as a result of greater
      regulatory pressure and mining disruptions.  Facing
      declining revenues and margin compression, the company finds

      itself funding operating losses and debt service with
      available cash.  Eventually, the company's liquidity and
      capital resources become strained to the point where it
      cannot continue to operate absent a bankruptcy filing.

Simulated default assumptions
   -- Year of default: 2020
   -- Distressed EBITDA at emergence: $85 million
   -- Implied enterprise valuation (EV) multiple: 5x
   -- Implied stressed valuation: $425 million

Simplified waterfall
   -- Estimated net enterprise value (after 5% administrative
      costs): $405 million
   -- Estimated priority claims (capital leases): $43 million
   -- Estimated net enterprise value available for unsecured debt:

      $345 million
      ----------------------------------
   -- Estimated senior unsecured claims: $389 million
   -- Senior unsecured notes recovery rating: '2' (70% to 90%;
      higher end of the range)
   -- Senior unsecured notes issue rating: 'BB-'

Note: All debt amounts include six months of prepetition interest
accrued.

Ratings List

Coeur Mining Inc.
Corporate Credit Rating           B+/Stable/--

Issue-Level Rating Raised; Recovery Rating Revised
                                   To            From
Coeur Mining Inc.
Senior Unsecured                  BB-           B+
  Recovery Rating                  2H            3H


COMPASS GROUP: Moody's Affirms Ba3 CFR, Outlook Stable
------------------------------------------------------
Moody's Investors Service affirmed Compass Group Diversified
Holdings LLC's (NYSE: CODI or "Compass") Ba3 Corporate Family
Rating and B1-PD Probability of Default Rating.  Concurrently,
Moody's affirmed the Ba3 ratings on the company's senior secured
credit facilities consisting of a proposed $575 million term loan B
due June 2021 (upsized from $325 million in connection with this
transaction) and proposed $550 million revolving credit facility
due June 2019 (upsized from $400 million in connection with this
transaction).  In addition, Moody's affirmed the company's SGL-2
Speculative Grade Liquidity rating.  The rating outlook is
maintained at stable.

Proceeds from the transaction and an associated sale of equity in a
minority holding will be used to fund the $400 million acquisition
of 5.11 Tactical and pay fees and expenses of approximately $7
million.  More specifically, the acquisition will be funded with
$250 million of incremental term loan B borrowings, approximately
$94 million of incremental revolver borrowings, as well as $63
million of proceeds garnered from Compass' recent sale of 3.5
million shares of the company's minority ownership in publicly
traded Fox Factory Holding Corp. (Nasdaq: FOXF). Following the sale
of shares, Compass owns approximately 8.6 million shares of FOXF.

"Compass' credit metrics, pro forma for incremental debt associated
with the announced acquisition of 5.11 Tactical, are currently weak
for the Ba3 rating, but we expect the company to delever at a
healthy pace over the next 12 to 18 months, driven largely by debt
repayment from free cash flow generation" said Brian Silver, AVP -
Analyst at Moody's Investors Service.  "The acquisition of 5.11
Tactical will increase Compass' size while improving its already
solid business diversification profile, and we believe the acquired
entity has good growth potential going forward."

These ratings have been affirmed at Compass Group Diversified
Holdings LLC:

  Corporate Family Rating at Ba3;

  Probability of Default Rating at B1-PD;

  Speculative Grade Liquidity Rating at SGL-2;

  $575 million (including $250 million add-on) ($568.5 million
   outstanding) Senior Secured Term Loan B due 2021 at Ba3 (LGD3)

  $550 million (upsized from $400 million) Senior Secured
   Revolving Credit Facility due 2019 at Ba3 (LGD3).

The rating outlook is maintained at stable

                         RATINGS RATIONALE

Compass Group Diversified Holdings' Ba3 Corporate Family Rating
reflects its strong industry and product diversification, which
stems from its controlling ownership interest in eight unique
businesses (nine following the close of 5.11 Tactical).  It also
reflects Moody's expectation that the company will improve leverage
and interest coverage via debt repayment and EBITDA growth over the
next 12 to 18 months.  The rating remains constrained by the
company's policy of distributing the majority of its operating cash
flow to shareholders, its modest albeit improving size with annual
revenues of $1.2 billion (pro forma for 5.11 Tactical), and the
potential for more debt funded acquisitions.  Also, the company is
expected to maintain a good liquidity profile highlighted by access
to its proposed $550 million revolving credit facility - upsized
from $400 million - and, if needed, proceeds from the sale of its
minority investment in publicly traded Fox Factory Holding Corp.

The stable outlook reflects Moody's expectation that Compass will
improve its leverage, as measured by Moody's adjusted
debt-to-EBITDA, to below 4 times over the next 12 to 18 months.
Moody's expects Compass to continue distributing most of its cash
flow to shareholders.  The company's commitment to debt reduction
following acquisitions is incorporated in the outlook.

A downgrade could arise if the company revises its business
strategy and targets acquisitions that do not have stable cash flow
or if Compass significantly increases debt to fund a distribution
or share repurchase.  Key credit metrics that could cause a
downgrade include adjusted leverage and/or interest coverage being
sustained above 4 times and below 2 times, respectively.
Alternatively, there is minimal near term upward rating momentum
due to Compass' size, aggressive financial policy in terms of
shareholder distributions, and Moody's expectation for additional
debt-funded acquisitions.  An upgrade would require steady growth
in revenues and moderation of shareholder payouts. Key credit
metrics necessary for an upgrade would be debt-to-EBITDA being
sustained below 2.5 times and free cash flow-to-debt climbing to at
least 10%.

The principal methodology used in these ratings was Consumer
Durables Industry published in September 2014.

Compass Group Diversified Holdings, LLC is a publicly traded trust
company (NYSE: CODI) that holds majority ownership interests in
eight distinct unrelated operating subsidiaries as of June 30,
2016, including Advanced Circuits, Sterno Products, Clean Earth,
Tridien, Arnold Magnetics, Liberty Safe, Ergobaby and Manitoba
Harvest.  As of the same date, the company also holds a minority
stake (33.1% ownership) in Fox Factory Holding Corp. (Nasdaq:
FOXF).  The company is in the process of acquiring its ninth
majority owned operating subsidiary, 5.11 tactical, a designer and
marketer of purpose-built tactical apparel and gear for
approximately $400 million (subject to working capital and other
adjustments at close).  Compass' strategy is to acquire and manage
businesses that operate in industries with long term macroeconomic
growth opportunities, are expected to have positive and stable cash
flows, face minimal threat of technological/competitive
obsolescence, and have strong management teams in place.  The
company generated revenues of approximately $864 million for the
twelve month period ended June 30, 2016.  Pro-forma for the
acquisition of 5.11 and other bolt-on acquisitions made over the
last twelve month period, Moody's estimates the company generated
revenues of roughly $1.2 billion.


COMPASS GROUP: S&P Affirms 'BB-' CCR, Outlook Remains Stable
------------------------------------------------------------
S&P Global Ratings affirmed its 'BB-' corporate credit rating on
Westport, Conn.-based Compass Group Diversified Holdings LLC
(CODI).  The outlook remains stable.

S&P also affirmed its 'BB-' issue-level rating on CODI's upsized
senior secured $550 million revolving credit facility maturing in
2019 and upsized $568.5 million senior secured term loan (which is
the outstanding amount and includes a $250 million add-on) due
2021.  The recovery rating on the senior secured facilities is '3',
indicating S&P's expectation for meaningful (50%-70%, at the low
end of the range) recovery in the event of a payment default. S&P
expects the company to use proceeds from the term loan add-on,
combined with borrowings under the revolver, to fund the
acquisition of 5.11 Tactical.  Pro forma for the transaction, S&P
believes outstanding debt will be about $750 million.

"Our ratings reflect our expectation that CODI's leverage, as
measured through LTV, will remain below our previously set
threshold of 45%, a level we deem commensurate with the ratings.
While the transaction results in a meaningful increase in LTV (to
around 40% from about 25% at June 30, 2016), we believe management
will focus on repaying holding company debt in the near term," said
credit analyst Brennan Clark.  "The company has a demonstrated
track record of paying down its acquisition financing with cash
from operations and divestitures, as well as listed shares of its
stake in Fox Factory Holdings (Fox)."

The stable outlook reflects S&P's expectation that CODI will
maintain LTV below 45% over the next 12 months.  After a
significant increase in debt to finance the 5.11 acquisition, S&P
believes the company will focus on deleveraging before making any
further meaningful acquisitions.  Despite continued weak portfolio
characteristics, S&P expects CODI will continue to receive
sufficient interest income from its investee companies to cover its
own obligations.

S&P could lower the rating if the company breaches its LTV
threshold of 45% for an extended period, without taking action to
remediate the higher levels of leverage.  This could be the result
of permanent erosion in portfolio value and/or an increase in debt
to finance additional acquisitions.  S&P could also lower the
ratings if portfolio diversity materially weakens or its portfolio
companies unexpectedly come into distress, which could require CODI
to either contribute new equity or experience losses on its equity
investments.

While unlikely over the next 12 months, S&P could raise the rating
if CODI meaningfully improves its portfolio characteristics, in
particular asset liquidity through increased ownership of publicly
held investments (either through initial public offerings of
existing investments or through new investments) and S&P believes
it will sustain a loan to value below 30%.


CONTINENTAL EXPLORATION: Ch.11 Trustee Hires EnergyNet.com
----------------------------------------------------------
Jason Searcy, the Chapter 11 Trustee for Continental Exploration,
LLC, asks the U.S. Bankruptcy Court for the Eastern District of
Texas for authority to employ EnergyNet.com.

On September 2, 2015, an Order for Relief under Chapter 11 of the
United States Bankruptcy Code was entered against Continental
Exploration, LLC.  On October 26, 2015, a Motion to Appoint a
Trustee was filed in this case. On December 30, 2015 an Order
Directing the Appointment of a Chapter 11 Trustee was filed; and
subsequent thereto, on January 4, 2016, Jason R. Searcy was
appointed to serve as the Chapter 11 Trustee.

The Trustee requires the services of EnergyNet.com to market and
assist the estate in the online sale of certain oil and gas
interests identified by the Debtor.

EnergyNet.com is an online auction company that will market and
sell the Properties.

Upon completion of a sale of the individual Properties, EnergyNet
will receive commission-based compensation determined via this
schedule:

   -- Commission Schedule for properties individually selling
      for less than $1,000,000:

      Gross Sale Price             Commission
      ----------------             ----------
      Between $1 and $100,000         10%
      $200,000                        9.5%
      $300,000                        8.75%
      $400,000                        8.25%
      $500,000                        7.75%
      $600,000                        7.25%
      $700,000                        6.75%
      $800,000                        6.25%
      $900,000                        5.75%
      $1,000,000                      5.25%
      Greater than $1,000,000         4.75%

      For example, on sales of $350,000 the commission rate
      is 8.50%.

   -- Commission Schedule for properties individually selling
      for greater than or equal to $1,000,000:

      Gross Sale Price             Commission
      ----------------             ----------
      First $ million                 4.25%
      Second $ million                3.75%
      Third $ million                 3.25%
      Fourth $ million                2.75%
      Greater than $5 Million         2.25%

      For example on a property selling for $2,500,000, the
      commission is calculated as: $1,000,000 × 4.25% +
      $1,000,000 × 3.75% + $500,000 × 3.25% = $42,500 + $37,500
      + $16,250 = $96,250

Michael Baker, vice president of Business Development of
EnergyNet.com, assured the Court that the firm is a "disinterested
person" as the term is defined in Section 101(14) of the Bankruptcy
Code and does not represent any interest adverse to the Debtors and
their estates.

EnergyNet.com can be reached at:

      Michael Baker
      EnergyNet.com
      7201 W. Interstate 40, Ste. 319
      Amarillo, TX 79106
      Office: (972)372-0232
      Cell: (972)898-5358
      Fax: (972)265-7982
      E-mail: michael.baker@energynet.com

                   About Continental Exploration

Continental Exploration, LLC sought Chapter 11 protection (Bankr.
E.D. Tex. Case No. 15-41607) on Sept. 2, 2015.  The Debtor
estimated assets and liabilities in the range of $0 to $50,000.
Eric A. Liepins, Esq., at Eric A. Liepins P.C., serves as the
Debtor's counsel.


CONTINENTAL EXPLORATION: Court Denies Approval of Plan Disclosures
------------------------------------------------------------------
The U.S. Bankruptcy Court for the Eastern District of Texas denied
the disclosure statement detailing the Chapter 11 plan of
reorganization of Continental Exploration LLC.

Jason Searcy, Chapter 11 trustee of Continental Exploration, had
earlier opposed the disclosure statement, citing misleading
statements in the document.

The disclosure statement had also drawn flak from Wells Fargo Bank,
N.A. and other creditors.  The creditors criticized the company for
its failure to disclose important information in the document such
as how it will pay claims of certain creditors.  

                  About Continental Exploration

Continental Exploration, LLC sought Chapter 11 protection (Bankr.
E.D. Tex. Case No. 15-41607) on Sept. 2, 2015.  The Debtor
estimated assets and liabilities in the range of $0 to $50,000.
Eric A. Liepins, Esq., at Eric A. Liepins P.C., served as the
Debtor's counsel.

On Oct. 26, 2015, a Motion to Appoint a Trustee was filed in this
case.  On Dec. 30, 2015 an order directing the appointment of a
Chapter 11 trustee was filed; and subsequent thereto, on Jan. 4,
2016, Jason R. Searcy was appointed to serve as the Chapter 11
Trustee.  Jason R. Searcy is the duly appointed and serving Chapter
11 Bankruptcy Trustee for the Debtor.


CREATIVE FOODS: Hires David P. Lloyd Ltd. as Bankruptcy Counsel
---------------------------------------------------------------
Creative Foods, LLC seeks authorization from the U.S. Bankruptcy
Court for the Northern District of Illinois to employ David P.
Lloyd, Ltd. as counsel.

The Debtor requires David P. Lloyd, Ltd., to represent it in
matters concerning negotiation with creditors, preparation of a
plan and disclosure statement, examining and resolving claims filed
against the estate, preparation and prosecution of adversary
matters, and otherwise to represent the Debtor in matters before
the Court.

David P. Lloyd, Ltd., has agreed to be paid $350 per hour, which is
less than the firm's ordinary billing rate.

Prior to the filing of the petition, David P. Lloyd, Ltd., has
received $4,761.95.

David P. Lloyd, Ltd., will also be reimbursed for reasonable
out-of-pocket expenses incurred.

David P. Lloyd, principal of the law firm David P. Lloyd, Ltd.,
assured the Court that the firm is a "disinterested person" as the
term is defined in Section 101(14) of the Bankruptcy Code and does
not represent any interest adverse to the Debtor and its estates.

The Firm may be reached at:

    David P. Lloyd, Esq.
    David P. Lloyd, Ltd.
    615B S.LaGrange Rd.
    LaGrange, IL 60525
    Tel: 708-937-1264
    Fax: 708-937-1264

               About Creative Foods, LLC. 



Creative Foods, LLC filed a chapter 11 petition (Bankr. N.D. Ill.
Case No. 16-19927) on June 17, 2016.  The petition was signed by
Anthony Swigon, general manager - member.  The Debtor is
represented by David P. Lloyd, Esq., at David P. Lloyd, Ltd.  The
case is assigned to Judge Jack B. Schmetterer.  The Debtor
estimated assets at $0 to $50,000 and liabilities of $1 million to
$10 million at the time of the filing.


CROSSFIRE MANUFACTURING: To Set Aside $220K for Unsecured Claims
----------------------------------------------------------------
Crossfire Manufacturing, LLC, filed a Chapter 11 plan of
reorganization that will set aside $220,000 to pay creditors that
have unsecured claims against the company and its owners.

The plan filed with the U.S. Bankruptcy Court for the Northern
District of Texas proposes to pay $220,000 to general unsecured
creditors except those with claims of less than $2,500.  These
creditors will receive quarterly payment of $3,000 for 10 years,
plus an annual payment of $10,000.

Meanwhile, general unsecured creditors with claims of less than
$2,500 will get 30% of their claims once the plan takes effect,
according to the disclosure statement detailing the plan.

A copy of the disclosure statement is available for free at
https://is.gd/vq9qNa

The Debtors are represented by:

     David R. Langston, Esq.
     Brad W. Odell, Esq.
     Mullin Hoard & Brown, LLP
     P.O. Box 2585
     Lubbock, TX 79408
     Tel: 806-765-7491
     Fax: 806-765-0553
     Email: drl@mhba.com
     Email: bodell@mhba.com

                 About Crossfire Manufacturing

Crossfire Manufacturing, LLC and its owners Clifford and Kathryn
Holland sought protection under Chapter 11 of the Bankruptcy Code
(Bankr. N. D. Texas Lead Case No. 16-50070) on March 28, 2016.  The
petition was signed by Clifford B. Holland, manager.  

At the time of the filing, Crossfire Manufacturing estimated its
assets at $500,000 to $1 million and debts at $1 million to $10
million.


CRYSTAL LAKE GOLF: Hires Jeffrey Dennis as Accountant
-----------------------------------------------------
Crystal Lake Golf Club LLC asks for permission from the U.S.
Bankruptcy Court for the District of Massachusetts to employ
Jeffrey M. Dennis, CPA, as accountant.

The CPA Firm will provide various accounting services to the Debtor
including, without limitation:

   (a) assistance with preparation and review of the Debtor's
       Schedules and Statement of Financial Affairs;

   (b) preparation and/or review and analysis of cash-flow
       projections and budget to actual monitoring of the
       Debtor's activity;

   (c) assistance with negotiating with creditors, including
       secured creditors and cash collateral and DIP financing;

   (d) assistance with regard to accounting and accounting
       system matters;

   (e) assistance with plan matters including, but not limited
       to, negotiating plan terms, liquidation analysis,
       valuation and feasibility analysis;

   (f) assistance with preparation/review/analysis of Monthly
       Operating Reports;

   (g) assistance with preparation and/or review of federal and
       state income tax, payroll tax, and sales and meals tax
       returns;

   (h) assistance in reviewing, reconciling, analyzing and, if
       necessary, objecting to proofs of claim;

   (i) assistance in valuation and insolvency analyses and other
       litigation issues and, if necessary, expert report
       preparation and testimony;

   (j) reporting and responding to the United States Trustee's
       office; and

   (k) providing other matters as directed by the Court, the
       Debtor's Counsel and the U.S. Trustee's Office.

The CPA Firm will be paid at these hourly rates:

       Jeffrey Dennis           $275
       Tax Compliance Staff     $150
       Bookkeepers              $90
       Clerical Staff           $75

The CPA Firm will also be reimbursed for reasonable out-of-pocket
expenses incurred.

On behalf of the Debtor, Michael J. Maroney, paid the CPA Firm a
retainer of $5,000. As of this date, the retainer is unapplied and
no billings have been made against these funds.

Jeffrey M. Dennis assured the Court that the firm is a
"disinterested person" as the term is defined in Section 101(14) of
the Bankruptcy Code and does not represent any interest adverse to
the Debtors and their estates.

The CPA Firm can be reached at:

       Jeffrey M. Dennis, CPA
       DENNIS AND ASSOCIATES
       210 Washington Street
       Woburn, MA 01801
       Tel: (781) 935-2143

                   About Crystal Lake Golf Club

Crystal Lake Golf Club, LLC filed a chapter 11 petition (Bankr. D.
Mass. Case No. 16-41324) on July 27, 2016.  The petition was signed
by Michael J. Maroney, managing member.  The Debtor is represented
by Richard A. Mestone, Esq., at Mestone & Associates LLC.  The case
is assigned to Judge Christopher J. Panos.  The Debtor estimated
assets at $500,000 to $1 million and liabilities at $1 million to
$10 million at the time of the filing.


CRYSTAL LAKE GOLF: Taps Mestone & Associates as Counsel
-------------------------------------------------------
Crystal Lake Golf Club LLC asks for permission from the U.S.
Bankruptcy Court for the District of Massachusetts to employ
Mestone & Associates, LLC as counsel.

The Debtor requires Mestone & Associates to:

   (a) advise the Debtor with respect to its rights, powers and
       duties as a debtor-in-possession in the continued conduct
       of its Chapter 11 case and the management of its assets
       while in this case;

   (b) advise the Debtor with respect to drafting and proposing a
       disclosure statement and plan of reorganization and any
       other matters relevant to the formulation and negotiation
       of such a plan or plans or reorganization in this case;

   (c) represent the Debtor at all meetings, hearings and matters
       pertaining to its affairs as debtor and debtor-in-
       possession;

   (d) prepare on the Debtor's behalf all necessary and
       appropriate applications, motions, answers, orders,
       reports, and other pleadings and other documents, and
       review all financial and other reports filed in this
       Chapter 11 case;

   (e) review and analyze the nature and validity of any liens
       asserted against the Debtor's property and advise the
       Debtor concerning the enforceability of such liens;

   (f) advise and assist the Debtor in connection with any
       potential property dispositions;

   (g) advise the Debtor concerning executory contracts and
       unexpired lease assumptions, assignments and rejections;

   (h) review and analyze various claims of the Debtor's creditors

       and treatment of such claims and the preparation, filing or

       prosecution of any objections thereto;

   (i) commence and conduct any and all litigation necessary or
       appropriate to assert rights held by the Debtor, protect
       assets and the Debtor's Chapter 11 estate or otherwise
       further the goal of completing the Debtor's successful
       reorganization; and

   (j) perform all other legal services and provide all other
       necessary legal advice to the Debtor as a debtor-in-
       possession.

Mestone & Associates will be paid at these hourly rates:

       Richard A. Mestone, Principal        $300
       Steven J. Marullo, Of Counsel        $300
       Arthur M. Capozzo, Of Counsel        $300
       Law Clerks                           $110
       Paralegals                           $85

Mestone & Associates will also be reimbursed for reasonable
out-of-pocket expenses incurred.

The Debtor gave Mestone & Associates a pre-petition retainer in the
amount of $20,000, plus filing fee in the amount of $1,717. As of
this date, $10,772 of the retainer has been applied to pre-petition
services. To date, the post-petition remaining balance of $9,228 is
unapplied and no billings have been made against these funds.

Richard A. Mestone, principal of Mestone & Associates, assured the
Court that the firm is a "disinterested person" as the term is
defined in Section 101(14) of the Bankruptcy Code and does not
represent any interest adverse to the Debtors and their estates.

Mestone & Associates can be reached at:

       Richard A. Mestone, Esq.
       MESTONE AND ASSOCIATES LLC
       65 Flagship Drive, Suite A
       North Andover, MA 01845
       Tel: (617) 381-6700
       E-mail: richard.mestone@mestonehogan.com

                   About Crystal Lake Golf Club

Crystal Lake Golf Club, LLC filed a chapter 11 petition (Bankr. D.
Mass. Case No. 16-41324) on July 27, 2016.  The petition was signed
by Michael J. Maroney, managing member.  The Debtor is represented
by Richard A. Mestone, Esq., at Mestone & Associates LLC.  The case
is assigned to Judge Christopher J. Panos.  The Debtor estimated
assets at $500,000 to $1 million and liabilities at $1 million to
$10 million at the time of the filing.


CRYSTAL SPOON: Court Extends Plan Filing Date to Dec. 21
--------------------------------------------------------
Hon. Robert D. Drain of the U.S. Bankruptcy Court for the Southern
District of New York extends until December 21, 2016, the period by
which The Crystal Spoon has exclusive right to file a Chapter 11
small business plan and solicit acceptances.

The Troubled Company Reporter previously reported that the Debtor
asked the Court to extend its exclusive period because it is still
exploring formulating a Chapter 11 plan of reorganization, which
will be funded primarily through profits from operations and an
infusion of capital from a third party investor or the proceeds of
a loan.  

The Crystal Spoon Corp. is represented by:

     Anne Penachio, Esq.
     PENACHIO MALARA LLP
     235 Main Street
     White Plains, New York 10601
     Tel: (914) 946-2889
     E-mail: apenachio@pmlawllp.com

            About Crystal Spoon

Headquartered in Elmsford, New York, The Crystal Spoon aka Top Chef
Meals is in the business primarily of distribution of prepared
meals, co-packing for other suppliers and catering.

The Debtor filed for Chapter 11 bankruptcy protection (Bankr.
S.D.N.Y. Case No. 16-22238) on Feb. 25, 2016, estimating its assets
and liabilities at between $1 million and $10 million.  The
petition was signed by Paul Ghiron, president.

Anne J. Penachio, Esq., at Penachio Malara LLP, serves as the
Debtor's bankruptcy counsel.


CUI GLOBAL: Incurs $1.5 Million Net Loss in Second Quarter
----------------------------------------------------------
CUI Global, Inc., filed with the Securities and Exchange Commission
its quarterly report on Form 10-Q disclosing a net loss of $1.48
million on $23.14 million of total revenues for the three months
ended June 30, 2016, compared to a net loss of $504,000 on $22.87
million of total revenues for the three months ended June 30,
2015.

For the six months ended June 30, 2016, the Company reported a net
loss of $4.14 million on $43.8 million of total revenues compared
to a net loss of $4.58 million on $39.5 million of total revenues
for the same period last year.

As of June 30, 2016, CUI Global had $85.3 million in total assets,
$31.7 million in total liabilities, and $53.6 million in total
stockholders' equity.

"Our strong performance this quarter reflects new contract awards,
coupled with continued execution on our multi-year contract with
Snam Rete Gas and ongoing disciplined management of operating
expenses," stated William Clough, president and CEO of CUI Global.
"Growing industry adoption of our gas systems solutions drove
Energy segment revenues up 23% year-over-year.  P&EM backlog was
stable relative to the prior quarter despite continued weakness in
the electronics industry. Subsequent to the close of the quarter,
our P&EM segment entered into an expanded partnership with VPS that
elevates us as the key hardware supplier enabling VPS' penetration
of the data center space.

"During the quarter, we continued to drive adoption of our gas
technology solutions, replicating the model we employed in securing
our contract with Snam Rete," continued Clough. "Utilizing
distribution agreements, such as the one we recently signed with
Autochim, we are advancing opportunities with gas transmission
companies throughout Western Europe.  More recently, we joined the
American Biogas Council to facilitate our penetration of the North
American marketplace."

Concluded Mr. Clough, "Discussions with Snam Rete are scheduled for
early September that will give us greater visibility into
order-flow for the balance of the year and better clarity on the
timing of a second purchase order.  As we nurture demand across
additional geographies, the growing awareness and interest we are
receiving from the marketplace serves to further validate our value
proposition and strategy."

As of June 30, 2016, CUI Global held cash and cash equivalents of
$6.0 million, a decrease of $(1.2) million since Dec. 31, 2015.
Operations, other intangible assets, and equipment, have been
funded through cash on hand during the six months ended June 30,
2016.

A full-text copy of the Form 10-Q is available for free at:

                      https://is.gd/1aURrS

                        About CUI Global

Tualatin, Ore.-based CUI Global, Inc., formerly known as Waytronx,
Inc., is a platform company dedicated to maximizing shareholder
value through the acquisition, development and commercialization
of new, innovative technologies.

CUI Global reported a net loss of $5.98 million on $86.7 million
of total revenues for the year ended Dec. 31, 2015, compared to a
net loss of $2.80 million on $76.04 million of total revenues for
the year ended Dec. 31, 2014.


CYRILLA LANDSCAPING: U.S. Trustee Unable to Appoint Committee
-------------------------------------------------------------
The Office of the U.S. Trustee disclosed in a court filing that no
official committee of unsecured creditors has been appointed in the
Chapter 11 case of Cyrilla Landscaping & Supply Co. Inc.

Cyrilla Landscaping & Supply Co. Inc. filed for Chapter 11
bankruptcy protection (Bankr. W.D. Pa. Case No. 16-22254) on June
17, 2016.  Donald R. Calaiaro, Esq., at Calaiaro Valencik serves as
the Debtor's bankruptcy counsel.


DALLAS PROTON: Hunt Construction Balks at Disclosure Statement
--------------------------------------------------------------
Hunt Construction Group, a holder of Class 3 mechanic's and
materialmen's lien, filed with the U.S. Bankruptcy Court for the
Northern District of Texas an objection to the disclosure statement
explaining the Chapter 11 Plan filed by the Unsecured Creditor's
Committee of Dallas Proton Treatment Center, LLC, and Dallas Proton
Treatment Holdings, LLC.

HCG claims that the Disclosure Statement fails to provide adequate
information.

As reported by the Troubled Company Reporter on March 15, 2016, the
Debtors filed a Joint Plan of Reorganization that would allow them
to emerge quickly from Chapter 11 and then raise funds to complete
their proton-therapy center in Dallas.  Holders of general
unsecured claims against Holdings (A7) and Center (B7) will be paid
from the proceeds of the First, Second, and Third Capital Cash, at
the election of each holder of a claim, in these amounts:

  * 60% of Allowed Claim on or before Aug. 30, 2016.
  * 80% of Allowed Claim on or before Sept. 30, 2016.
  * 100% of Allowed Claim on or after Oct. 1, 2016.

The Plan, in essence, transfers both Debtors' assets, DPTC and
DPTH, to a liquidating trustee.  The Plan proposes to sell the real
property upon which HCG and others provided labor and materials
based upon written construction contracts, to which the mechanic's
and materialmen's liens apply, at some unspecified time in the
future.  There is no deadline to sell the property.  The Disclosure
Statement implies that the mechanic's and materialmen's lienholders
cannot foreclose their liens and states that the lienholders will
not be paid one cent, even for adequate protection, until the
property is sold sometime.  M&M lienholders will be paid "at the
option of the Liquidating Trustee, the later of (a) 15 days after
the Effective Date, (b) 15 days after becoming an Allowed M&M
Claim, or (c) the date of the closing of the sale of the
Property."

The Disclosure Statement, according to HCG, fails to include an
appraisal of the real property owned by DPTC; it fails to disclose
the value of the property and the basis for the value.  According
to HCG, the Disclosure Statement fails to describe the efforts made
by Lincoln Property, the broker engaged to try to sell the
Property, or the feedback or offers received by Lincoln.  This is
the most significant asset held by this Debtor and appears to be
the only means available to pay the M&M claimants.

HCG states that the Disclosure Statement describes the intricately
negotiated compromise and settlement entered into between the
Trustee for the Debtors, three of the larger lenders or investors,
and the unsecured creditor's committee, but fails to meaningfully
address the claims of the mechanic's lien holders, or meaningfully
describe the most significant asset in this case to which their
liens attach, or the timing of any sale of that asset, and the
rights of the lienholders to foreclose their liens.

The Disclosure Statement, says HCG, does not contain adequate
information defined and required by Section 1125(a)(1) of the
Bankruptcy Code to allow creditors, including mechanic's
lienholders, to make an informed judgment about the plan.  The
Disclosure Statement should describe whether interest and
attorney's fees will be paid to over-secured lienholders under
Section 506(b), assuming the property's value exceeds the amount of
liens.  If the proponents dispute the validity of any lien, that
should be disclosed.

The Disclosure Statement fails to adequately analyze why creditors
of DPTC should agree to consolidation with DPTH, and promises a
liquidation analysis, but none is attached, to date, HCG claims.

HCG is represented by:

     John D. Rosenberg, Esq.
     Michael R. Johnson, Esq.
     ROSENBERG PASCHALL JOHNSON LLP
     2001 Bryan Street, Suite 2125
     Dallas, TX 75201
     Tel: (214) 969-5454
     Fax: (214) 969-5902
     E-mail: JohnR@rpj-law.com
             mrj@rpj-law.com

            About Dallas Proton Treatment Center

Dallas Proton Treatment Holdings, LLC, was formed in January 2010
and is registered as a limited liability company under the laws of
the State of Delaware.  Holdings' authorized purpose is to conduct
whatever business is necessary to design, finance, construct, and
manage a licensed, freestanding healthcare center in the Dallas,
Texas area that provides proton-radiation therapy for patients with
cancerous tumors.

Holdings' wholly owned subsidiary, Dallas Proton Treatment Center,
LLC, was formed in March 2012 for the specific purpose of
developing, owning, and operating the Project.  Center is the legal
owner of a tract of land and improvements at 2300 N. Stemmons Fwy,
Dallas, Texas 75207.  Center purchased that real estate on or
around Nov. 12, 2013, for approximately $11.60 million.  Center has
spent approximately $18 million in additional funds to develop and
start construction of the Project.

Project is the last of a four-facility program to build four
proton-therapy centers across the United States.  All four centers
were or are being developed and constructed under the management of
Advanced Particle Therapy, LLC.  As of the Petition Date, APT owned
approximately 95% of the Class B equity units, and 96.4% of the
Class A equity units, in Holdings.

Dallas Proton Treatment Center and Dallas Proton Treatment Holdings
sought Chapter 11 protection (Bankr. N.D. Tex. Case Nos. 15-33783
and 15-33784, respectively) on Sept. 17, 2015.  The petitions were
signed by James Thomson as chief technology officer/manager.  

Mark C. Moore, Esq., at Gardere Wynne Sewell LLP serves as counsel
to the Debtors.  Dallas Proton Treatment Center estimated assets at
$10 million to $50 million and liabilities at $1 million and $10
million.  Dallas Proton Treatment Holdings estimated assets at $50
million to $100 million and liabilities at $50 million to $100
million.


DANIEL MAJOR EDSTROM: Exit Plan to Pay Claims in Full
-----------------------------------------------------
Daniel Major Edstrom Sr. filed with the U.S. Bankruptcy Court for
the Eastern District of California the latest disclosure statement
detailing his Chapter 11 of reorganization.

The plan proposes the full payment of the allowed amount of all
claims.  Currently, there are eight unsecured claims, one secured
claim and three general unsecured claims filed against Mr. Edstrom,
which assert a total of $30,125.

Mr. Edstrom, self-employed, proposes to implement the restructuring
plan by continuing his business operations, according to the
disclosure statement detailing the plan.

A copy of the latest disclosure statement is
http://bankrupt.com/misc/DanielEdstrom_1DS07252016.pdf

                About Daniel Major Edstrom Sr.

Headquartered in Cool, California, Daniel Major Edstrom Sr. is a
self-employed individual who conducts his independent business
activities through his corporation.  The Debtor currently has no
employees.  The Debtor just ended a 22-month contract with Mas-tech
as a W-2 contract employee.  Mastech placed the Debtor on a
contract at Kaiser Permanente as operations lead for one of the
largest SharePoint deployments in the world.  The Debtor uses his
experience in Information Technology (20+ years) and his experience
in SharePoint and SQL Server technologies as the operations lead
for Kaiser where he interfaced between IBM personnel, who manage
the physical infrastructure, and Kaiser personnel, who manage the
applications and services.  The nature of Debtor's personal
employment and businesses is in information technology.
Additionally, the Debtor's business consists of litigation support,
legal project management and Securitization Reverse Engineering and
Failure Analysis.

The Debtor filed for Chapter 11 bankruptcy protection (Bankr. E.D.
Calif. Case No. 16-24451) on July 8, 2016.


DAVIS-RODWELL: BofA's Appeal from Order to Comply with Plan Junked
------------------------------------------------------------------
Judge Terrence W. Boyle of the United States District Court for the
Eastern District of North Carolina, Western Division, dismissed
without prejudice Bank of America, N.A.'s appeal of the Bankruptcy
Court for the Eastern District of North Carolina's order of
November 24, 2015, compelling Bank of America to comply with the
confirmed Chapter 11 plan.

Judge Boyle granted Davis-Rodwell, TMC's motion to dismiss the
appeal as moot due to Bank of America's compliance with the order
of the bankruptcy court which is the subject of the appeal.

The reference to the bankruptcy court was also withdrawn in part,
solely as to the issue on appeal.

The case is BANK OF AMERICA, N.A., Appellant, v. DAVIS-RODWELL TMC,
LLC, Appellee, No. 5:15-CV-643-BO (E.D.N.C.).

A full-text copy of Judge Boyle's July 26, 2016 order is available
at https://is.gd/McDwKW from Leagle.com.

Bank of America, N.A. is represented by:

          D. Kyle Deak, Esq.
          TROUTMAN SANDERS LLP
          434 Fayetteville Street Suite 1900
          Raleigh, NC 27601
          Tel: (919)835-4100
          Fax: (919)835-4101
          Email: kyle.deak@troutmansanders.com

            -- and --

          Jeffrey W. Kelley, Esq.
          TROUTMAN SANDERS LLP
          600 Peachtree Street, NE Suite 5200
          Atlanta, GA 30308
          Tel: (404)885-3000
          Fax: (404)885-3900
          Email: jeffrey.kelley@troutmansanders.com
          
Davis-Rodwell TMC, LLC is represented by:

          William P. Janvier, Esq.
          JANVIER LAW FIRM, PLLC
          1101 Haynes Street, Suite 102
          Raleigh, NC 27604
          Tel: (919) 582-2323
          Fax: (866) 809-2379
          Email: bill@janvierlaw.com

Bankruptcy Administrator is represented by:

          Christopher Scott Kirk, Esq.
          U.S. BANKRUPTCY COURT
          P.O. Box 3758
          Wilson, NC 27895
          Tel: (252)237-6854

David Beam is represented by:

          Charles E. Nichols, Jr., Esq.
          NICHOLS LAW PA
          4441 Six Forks Road, Suite 106-146
          Raleigh, NC 27609


DELL INC: Wants Authorization to Use Cash Collateral
----------------------------------------------------
Dell, Inc, d/b/a Quality RV, asks the U.S. Bankruptcy Court for the
District of Minnesota for authorization to use cash collateral.

The Debtor has multiple creditors who claim an interest in cash
collateral.  Those creditors include NextGear Capital, Inc., the
First National Bank of Elk River, NorthPoint Commercial Financial,
LLC and TCF Inventory Finance, Inc. The Debtor has three floor plan
lenders, namely TCF Inventory Finance, Inc., NorthPoint Commercial
Financial, LLC and NextGear Capital, Inc.  All of the creditors
claim security interests and liens in virtually all assets of the
Debtor by virtue of loan documents.

The Debtor relates that it owes :

     (a) NextGear Capital, approximately $1,625,570.64;

     (b) TCF Inventory Finance, Inc., approximately $1,382,966.30;

     (c) NorthPoint Commercial Financial, LLC, approximately
$1,805,392.04; and,

     (d) First National Bank of Elk River, approximately
$1,000,000.00.

The Debtor tells the Court that it will suffer irreparable and
irreversible harm if it is not able to use cash collateral to pay
critical expenses, such as payroll, repairs, utilities and
insurance payments.

The Debtor's Cash Flow Projection provides for total basic expenses
in the amount of $139,887 for the month of August.

On an interim basis and pending the final hearing on the Debtor's
Motion, the Debtor proposes to grant replacement liens to the
secured creditors.  In addition, the Debtor proposes to remit to
the secured creditors the amount owed under the floor plan finance
contracts between the parties at the time the Debtor collects for
an inventory sale.

The final hearing on the Debtor's Motion is set on Sept. 8, 2016 at
10:00 a.m.

A full-text copy of the Debtor's Motion, dated Aug. 2, 2016, is
available at https://is.gd/0SuwW8

First National Bank of Elk River can be reached at:

          FIRST NATIONAL BANK OF ELK RIVER
          812 Main Street
          Elk River MN 55330
          Email: rhebeisen@fnber.com

Next Gear Capital, Inc., can be reached at:

          NEXT GEAR CAPITAL
          117 99 North College Ave
          Carmel IN 46032

NorthPoint Financial Commercial, LLC, can be reached at:

          NORTHPOINT FINANCIAL
          11675 Rainwater Drive
          Suite 450
          Alpharetta GA 30009

TCF Inventory Finance, Inc can be reached at:

          TCFIF
          147E East Woodfield Rd, Suite 1100
          Schaumburg, IL 60173
          E-mail: kkulchar@tcfif.com

              About Dell, Inc. d/b/a Quality RV        

Dell, Inc. d/b/a Quality RV filed a chapter 11 petition (Bankr. D.
Minn. Case No. 16-42287) on Aug. 1, 2016.  The petition was signed
by Todd D. Olson, chief executive officer.  The Debtor is
represented by Steven B. Nosek, Esq., at Steven Nosek, P.A.  The
case is assigned to Judge William J. Fisher.  The Debtor estimated
assets at $0 to $50,000 and debts at $1 million to $10 million at
the time of the filing.


DENNIS WHITE: Sale of Chicago Property for $50K Approved
--------------------------------------------------------
Judge Timothy A. Barnes of the U.S. Bankruptcy Court for the
Northern District of Illinois authorized Dennis E. White to sell
his interest in the real property commonly known as 1708 West 63rd
Street, Chicago, Illinois to Krzysztof Mastalerz for $50,000.

The sale is free and clear of liens, claims and encumbrances.

The Debtor will pay the real estate taxes and the costs of closing
the sale, including title charges, water charges, transfer taxes
and attorneys fees from the sale proceeds.

The net proceeds of the sale after the payment of the costs to
close the sale will be remitted directly to Bank Financial at the
time of the closing in full satisfaction of its secured claim
against the Debtor and the chapter 11 estate.

Dennis E. White sought Chapter 11 protection (Bankr. N.D. Ill. Case
No. 16-04526) on Feb. 12, 2016.


DIAMOND RESORTS: S&P Rates Proposed $600MM Sr. Notes 'CCC+'
-----------------------------------------------------------
S&P Global Ratings assigned its 'CCC+' issue-level rating and '6'
recovery rating to Dakota Merger Sub Inc.'s proposed $600 million
senior unsecured notes due 2024.  The '6' recovery rating reflects
S&P's expectation for negligible recovery (0%-10%) of principal for
lenders in the event of a payment default.  The issue-level rating
is two notches below S&P's 'B' corporate credit rating on the
company's parent, Las Vegas-based Diamond Resorts International
Inc.

Diamond expects to use the proceeds from the debt issuance, along
with its previously announced $1.3 billion senior secured credit
facility and a $1 billion sponsor equity contribution, to help fund
its $2.2 billion acquisition by affiliates of funds managed by
Apollo Global Management LLC.

S&P's corporate credit rating on Diamond is not affected by the
company's recent moderate restatements of its 2014, 2015, and
first-quarter 2016 financial results due to corrections to its
application of the relative sales value model to value its
timeshare inventory.  S&P don't believe the restatements will have
a material impact on our base-case forecast through 2017 because
S&P already incorporated a high level of anticipated variability in
the cost of sales expenditure that results from the periodic
relative sales value estimate.  The high variability in the cost of
sales expenditure also partly explains our modest low-single digit
EBITDA forecast for 2016, despite a fairly robust low-teens
percentage 2016 revenue growth forecast.

                        RECOVERY ANALYSIS

Key analytical factors

   -- S&P's simulated default scenario contemplates a default
      occurring in 2019 due to a severe economic downturn and
      tightening of consumer credit markets that result in
      substantially lower demand for Diamond's products.  S&P also

      assumes illiquidity in the financial markets for timeshare
      securitizations and conduit facilities.

   -- S&P believes that if Diamond were to default, it would
      continue to have a viable business model, given the
      stability in the hospitality and management business segment

      and S&P's belief that the company's flexibility of points is

      comparatively more attractive to consumers than interval
      weeks.  S&P valued the company at a 5.5x emergence EBITDA,
      based on the scale of its resort network.

Simulated default assumptions
   -- Simulated year of default: 2019
   -- EBITDA at emergence: $175 million
   -- EBITDA multiple: 5.5x

Simplified waterfall
   -- Net enterprise value (after 5% administrative costs):
      $914 million
   -- Secured first-lien debt: $1,298 million
      -- Recovery expectation: 70%-90% (lower half of the range)
   -- Unsecured debt: $630 million
      -- Recovery expectation: 0%-10%

Note: All debt amounts include six months of prepetition interest.

RATINGS LIST

Diamond Resorts International Inc.
Corporate Credit Rating         B/Stable/--

New Ratings

Dakota Merger Sub Inc.
Diamond Resorts International Inc.
Senior Unsecured
  $600 million notes due 2024          CCC+
   Recovery Rating                     6


DOTSON PLUMBING: Plan Confirmation Hearing on Sept. 1
-----------------------------------------------------
Dotson Plumbing and Heating, Inc., won approval of the disclosure
statement explaining its Chapter 11 plan.

A hearing on the Disclosure Statement was held July 25, 2016.  No
objections were filed to the Disclosure Statement.

Judge John P. Gustafson on July 29, 2016, ordered that:

   * The Debtor will transmit by first class mail a copy of the
proposed Plan, the Disclosure Statement, a copy of the Disclosure
Statement Order and an appropriate ballot to all creditors, equity
security holders, and other parties in interest entitled to
received notice under Bankruptcy Rule 3017(d) at their last known
addresses on or before Aug. 8, 2016 and file a separate certificate
of service.

   * Pursuant to Bankruptcy Rule 3017(c), ballots indicating
acceptance or rejection of the Plan must be received by counsel for
Debtor at the address indicated on the ballot by Aug. 22, 2016

   * The Debtor will tabulate all acceptances and rejections of the
Plan and will file a summary of the results with the clerk of the
court on or before Aug. 29, 2016.

   * Sept. 1, 2016 at 9:30 a.m., is fixed for the hearing on
confirmation of the Plan which will be held in Courtroom No. 1,
United States Courthouse, 1716 Spielbusch Avenue, Toledo, Ohio.

   * Aug. 22, 2016 is fixed as the last day for filing and serving
pursuant to Fed. R. Bankr. P. 3020(b)(1) written objections to
confirmation of the Plan.

As reported in the June 27, 2016 edition of the TCR, Dotson
Plumbing & Heating filed with the Court a Chapter 11 plan and
explanatory disclosure statement, proposing to pay 10% on the
allowed amount of general unsecured creditors' claims.  A full-text
copy of the Disclosure Statement is available at
http://bankrupt.com/misc/ohnb15-33017-38.pdf

                       About Dotson Plumbing

Dotson Plumbing & Heating, Inc., filed a Chapter 11 Petition on
September 16, 2015 (Bankr. N.D. Ohio Case No. 15-33017), and is
represented by Steven L. Diller, Esq., at Diller and Rice, LLC.

The business was originally founded in 1962 by Darrell and Doris
Dotson, and began operations as a small, hometown plumbing and
heating shop in Cridersville, Ohio. From its inception, and
continuing to the present day, the Debtor operates from a
commercial building located at 100 W Main Street in Cridersville.



DRAW ANOTHER CIRCLE: Seeks Approval of Bonus for 30 Employees
-------------------------------------------------------------
Draw Another Circle, LLC, Hastings Entertainment, Inc., and their
debtor-affiliates ask the Delaware Bankruptcy Court to approve
their proposed key employee retention plan for up to 30 non-insider
employees located at the Debtors' corporate headquarters.

They also seek authority to make payments contemplated under the
bonus plan of up to $547,790.

A hearing on the request is set for Sept. 6.  Objections are due
Aug. 18.

The Debtors have identified 17 Key Employees who are essential to
supervising and administering the orderly wind-down of their
operations.  In addition, the Debtors seek authority to identify
additional Key Employees, up to a total of 30 employees, for
discretionary payouts.

The Key Employees work across a variety of departments, but
generally fall into these categories: (a) finance & accounting; (b)
IT; (c) HR; and (d) operations.  Neither Hastings' President/CEO
nor its Chief Financial Officer are included in the program.

The Key Employees have titles such as "supervisor," "manager," and
"vice
president."  However, notwithstanding their titles, no Key Employee
is an officer or director of any of the Debtors, and no Key
Employee is appointed by the Debtors' boards of directors or
exercises sufficient authority to dictate corporate policy.
Further, each Key Employee reports to a more senior manager and
must obtain approval from an appropriate senior manager before
taking any significant action with respect to the Debtors'
corporate policies or the disposition of significant assets.  The
average annual salary of the Key Employees is $81,920.

The $547,790 pool under the KERP consists of $417,790 in designated
payouts as well as an additional $130,000 reserved for additional
discretionary payouts to later-identified key employees or with
Committee approval to provide additional payouts to the 17
identified Key Employees.

For the currently designated Key Employees, the KERP includes two
proposed payment amounts:

     (1) a set amount equal to 25% of the employees annual base
salary; and

     (2) a contingent amount equal to 5% of such employee's annual
base salary.

The earned payout of the Set Payment Amount for each Key Employee
is based upon these metrics:

     (i) 30% of the proposed Set Payment Amount for an individual
Key Employee is earned if the Key Employee remains employed with
the Debtors 45 days after commencement of Hastings' going out of
business sales, which date is September 5, 2016, and

    (ii) the remaining 70% of the proposed Set Payment Amount for
such participant is earned upon the Key Employee remaining employed
by the Debtors through the earlier of December 1, 2016 or the
effective date of a plan of liquidation.

The Contingent Payment Amount (totaling approximately $70,000) will
be paid on the earlier of December 1, 2016 or the effective date of
a plan of liquidation if the Debtors in consultation with the
Committee have determined the Debtors are administratively solvent.


The KERP includes a claw-back provision that requires the
participant to return any payouts in the event that the participant
voluntarily leaves or is terminated for cause within 60 days after
receiving a payout. However, if a Key Employee is terminated
without cause prior to the Payout Dates, that Key Employee would
still receive their allocated payouts in full on the Payout Dates.

In addition to the payouts to the 17 identified Key Employees, the
Debtors seek authority to make up to $130,000 of additional
payments under the KERP on a discretionary basis to certain
individuals who were not included in the 17 identified Key
Employees in the KERP but may during the store closing process and
liquidation of the remaining assets become integral to the process.
Under the KERP, the Debtors reserve the right, upon Committee
approval, to allocate additional incremental amounts to the 17
identified Key Employees from the funds set aside for Discretionary
KERP Payments.

No insider would be eligible to receive any Discretionary KERP
Payments.

The Debtors held an auction for the sale of assets on July 20,
2016, at 10:00 a.m. (ET).  At the Auction, the Debtors, in
consultation with the Committee, Bank of America, N.A., and
Pathlight Capital, LLC, concluded that a joint venture consisting
of Hilco Merchant Resources, LLC and Gordon Brothers Retail
Partners, LLC, was the successful bidder with respect to the sale
of Hastings' inventory and related assets.  The assets not sold to
the Purchaser are continuing to be marketed by the Debtors and
their advisors.

On July 22, 2016, the Court held a hearing and approved the sale of
the Debtors' inventory to the Purchaser pursuant to the Agency
Agreement and entered the Sale Order on July 25, 2016.  Among other
things, the Agency Agreement provides for a guaranteed payment of
75% of the cost of the Debtors' inventory which is based on an
excess of $110 million of inventory and should provide more than
$82 million in proceeds to the Debtors' estates.  The Debtors are
now in the process of liquidating their remaining assets and
winding down their business.

                     About Draw Another Circle

Draw Another Circle, LLC and four of its subsidiaries, namely,
Hastings Entertainment, Inc., MovieStop, LLC, SP Images, Inc., and
Hastings Internet, Inc. filed voluntary petitions under Chapter 11
of the Bankruptcy Code (Bankr. D. Del. Lead Case No. 16-11452) on
June 13, 2016.

As of the bankruptcy filing, Hastings operated 123 entertainment
superstores, averaging approximately 24,000 square feet,
principally in medium-sized markets located in 19 states,
primarily
in the Northwestern, Midwestern, and Southeastern United States,
and had over 3,500 employees. As of the Petition Date,
Atlanta-based MovieStop operated 39 destination locations in 10
states, primarily along the Eastern United States Coast.

Headquartered in Franklin, Massachusetts, SP Images, Inc., is a
distributor of sports and entertainment products and apparel.
Hastings, MovieStop and SPI are each wholly-owned subsidiaries of
DAC.

Cooley LLP and Whiteford Taylor Preston, LLP serve as counsel to
the Debtors. The Debtors tapped FTI Consulting as financial
advisor, and Rust Consulting/Omni Bankruptcy as claims and
noticing
agent.

Andrew Vara, acting U.S. Trustee for Region 3, on June 21 appointed
seven creditors of Draw Another Circle, LLC, to serve on the
official committee of unsecured creditors.  The Official Committee
of Unsecured Creditors retained Lowenstein Sandler LLP as counsel,
FTI Consulting, Inc. as financial advisor, and BDO USA, LLP as
financial advisor.


DRYSDALE VILLAGE: Taps Allen Barnes as Counsel
----------------------------------------------
The Drysdale Village, LLC seeks authorization from the U.S.
Bankruptcy Court for the District of Arizona to employ Allen Barnes
& Jones, PLC as counsel.

The professional services Allen Barnes will render include:

   (a) giving the Debtor legal advice with respect to their
       reorganization;

   (b) representing the Debtor in connection with negotiations
       involving secured and unsecured creditors;

   (c) representing the Debtor at hearings set by the Court in
       Debtor's bankruptcy case;

   (d) preparing necessary applications, motions, answers, orders,

       reports or other legal papers necessary to assist in the
       Debtor's reorganization.

Allen Barnes will be paid at these hourly rates:

       Thomas H. Allen, Member        $395
       Hilary Barnes, Member          $395
       Michael A. Jones, Member       $325
       Philip J. Giles, Associate     $285
       Khaled Tarazi, Associate       $225
       Legal Assistants and
       Law Clerks                     $115-$135

Allen Barnes will also be reimbursed for reasonable out-of-pocket
expenses incurred.

Allen Barnes holds $5,751.79 in its IOLTA Trust Account to secure
payment of fees and costs incurred in this Chapter 11 case.

Thomas H. Allen, member of Allen Barnes, assured the Court that the
firm is a "disinterested person" as the term is defined in Section
101(14) of the Bankruptcy Code and does not represent any interest
adverse to the Debtors and their estates.

Allen Barnes can be reached at:

       Thomas H. Allen, Esq.
       Philip J. Giles, Esq.
       ALLEN BARNES & JONES, PLC
       1850 N. Central Ave., #1150
       Phoenix, AZ 85004
       Tel: (602) 256-6000
       Fax: (602) 252-4712
       E-mail: tallen@allenbarneslaw.com
               pgiles@allenbarneslaw.com

                  About Drysdale Village LLC

The Drysdale Village, LLC dba Frontier Village, based in Yuma,
Ariz., filed a Chapter 11 petition (Bankr. D. Ariz. Case No.
16-08755) on July 29, 2016.  Hon. Scott H. Gan presides over the
case.  Thomas H. Allen of Allen Barnes & Jones, PLC, serves as the
Debtor's bankruptcy counsel.

In its petition, the Debtor estimated $1 million to $10 million in
assets and liabilities.  The petition was signed by Raymond
Drysdale, president.


DTREDS LLC: Creditors' Panel Hires Kutak Rock as Counsel
--------------------------------------------------------
The Official Committee of Unsecured Creditors of DTREDS, LLC, seeks
authorization from the U.S. Bankruptcy Court for the Eastern
District of Virginia to employ Kutak Rock, LLP as counsel to the
Committee.

The Committee requires Kutak to:

   a. advise the Committee with respect to its powers and duties
      with regard to this bankruptcy case;

   b. advise and consult on issues raised during the pendency of
      the chapter 11 case;

   c. take all necessary action including negotiation, preparing
      appropriate pleadings, motions, applications, orders,
      reports and papers necessary or otherwise beneficial to the
      interests of the Committee; and

   d. perform all other necessary or otherwise beneficial legal
      services for the Committee in connection with the the
      chapter 11 case.

Kutak will be paid at these hourly rates:

     Craig B. Young, Partner               $425

     Nghia T. Tran, Associate              $275

     Partners                              $425

     Associates                            $230-$350

     Paraprofessionals                     $95-$175

Kutak will also be reimbursed for reasonable out-of-pocket expenses
incurred.

Craig B. Young, member of Kutak Rock, LLP, assured the Court that
the firm is a "disinterested person" as the term is defined in
Section 101(14) of the Bankruptcy Code and does not represent any
interest adverse to the Debtors and their estates.

Kutak can be reached at:

     Craig B. Young, Esq.
     KUTAK ROCK LLP
     1625 Eye Street, NW, Suite 800
     Washington, DC 20006
     Tel: (202) 828-2328

                       About DTREDS, LLC

DTREDS, LLC, filed a Chapter 11 Petition (Bankr. E.D. Va. Case No.
15-12488) on July 20, 2015.  The case is assigned to Judge Robert
G. Mayer.  The Debtor is represented by Richard G. Hall, Esq., in
Annandale, Virginia.  At the time of filing, the Debtor had
$100,000 to $500,000 in estimated assets and $10 million to $50
million in estimated liabilities.  The petition was signed by
Nathaniel James Ferraco, owner.


DTREDS LLC: Pleasant Properties Opposes Approval of Plan Outline
----------------------------------------------------------------
Pleasant Properties LLC asked a U.S. bankruptcy court to deny
approval of the disclosure statement detailing the Chapter 11 plan
of DTREDS, LLC.

In a filing with the U.S. Bankruptcy Court for the Eastern District
of Virginia, Pleasant Properties complained that the document does
not contain "adequate information."

"The disclosure statement does not contain sufficient information
about the Debtor's assets, liabilities and financial affairs to
allow a creditor to make an informed judgment about whether to vote
for or against the proposed plan" said the company, which asserts a
$151,446 claim under a lease contract with DTREDS.

Pleasant Properties also said that the document does not identify
any claims filed in DTREDS' case and disclose how the company
proposes to get current on its rent obligations.

Under U.S. bankruptcy law, a company going through bankruptcy must
get approval of its disclosure statement to begin soliciting votes
for its Chapter 11 plan.  The document must contain sufficient
information to enable voting creditors to make an informed decision
about the plan.

Pleasant Properties is represented by:

     Madeline A. Trainor, Esq.
     Redmon, Peyton, & Braswell LLP
     510 King Street, Suite 301
     Alexandria, Virginia 22314
     Phone: 703-684-2000
     Fax: 703-684-5109
     Email: mtrainor@rpb-law.com

                         About DTREDS LLC

DTREDS, LLC, filed a Chapter 11 Petition (Bankr. E.D. Va. Case No.
15-12488) on July 20, 2015.  The case is assigned to Judge Robert
G. Mayer.  The Debtor is represented by Richard G. Hall, Esq., in
Annandale, Virginia.  At the time of filing, the Debtor had
$100,000 to $500,000 in estimated assets and $10 million to $50
million in estimated liabilities.  The petition was signed by
Nathaniel James Ferraco, owner.  A list of the Debtor's 20 largest
unsecured creditors is available for free at
http://bankrupt.com/misc/vaeb15-12488.pdf


DUPONT YARD: Hires Kelley Lovett as Attorneys
---------------------------------------------
Dupont Yard, Inc. seeks authorization from the U.S. Bankruptcy
Court for the Middle District of Georgia to employ Kelley, Lovett &
Blakey, P.C. as attorneys.

The Debtor requires Kelley Lovett to:

   (a) give the Debtor legal advice with respect to its powers
       and duties as Debtor-in-Possession in the continued
       operation of the business and management of the property;

   (b) prepare on behalf of the Debtor, necessary applications,
       answers, reports, and other legal papers;

   (c) prepare motions, pleadings, and applications, and to
       conduct examinations incidental to the administration of
       the Debtor's estate;

   (d) take any and all necessary action instant to the proper
       preservation and administration of the estate;

   (e) assist the Debtor-in-Possession with the preparation and
       filing of a Statement of Financial Affairs and Schedules
       and Lists as are appropriate;

   (f) take whatever action is necessary with reference to the use

       by the Debtor of its property pledged as collateral,
       including cash collateral, to preserve the same for the
       benefit of the Debtor;

   (g) assert, as directed by the Debtor, all claims the Debtor
       has against others; and

   (h) perform all other legal services for the Debtor which may
       be necessary; as it is necessary for the Debtor to employ
       attorneys for such professional services.

Kelley Lovett will be paid at these hourly rates:

       Thomas D. Lovett            $225
       Walter Kelley               $325
       F. Anthony Blakey           $250
       Alex Sanders                $225
       Paralegal                   $50

Kelley Lovett will also be reimbursed for reasonable out-of-pocket
expenses incurred.

The Debtor paid Kelley Lovett an advance deposit of $25,000, which
will be used to pay pre-petition fees and expenses and filing fee.
The remaining funds on deposit as of the date the petition is filed
will be used to pay post-petition fees and expenses after
application has been made for compensation.

Thomas D. Lovett, member of Kelley Lovett, assured the Court that
the firm is a "disinterested person" as the term is defined in
Section 101(14) of the Bankruptcy Code and does not represent any
interest adverse to the Debtors and their estates.

Kelley Lovett can be reached at:

       Thomas D. Lovett, Esq.
       KELLEY, LOVETT & BLAKEY, P.C.
       2912-B North Oak Street
       Valdosta, GA 31602
       Tel: (229) 242-8838
       E-mail: tlovett@kelleylovett.com

                  About Dupont Yard Inc

Dupont Yard, Inc., based in Homerville, Ga., filed a Chapter 11
petition (Bankr. M.D. Ga. Case No. 16-70808) on August 1, 2016.
Thomas D. Lovett, Esq. of Kelley, Lovett, & Blakey, P.C. as
bankruptcy counsel.

In its petition, the Debtor estimated $1 million to $10 million
both in assets and liabilities.  The petition was signed by Steve
Conner, CEO.


DUPONT YARD: Wants to Use First State Bank's Cash Collateral
------------------------------------------------------------
Dupont Yard, Inc., asks the U.S. Bankruptcy Court for the Middle
District of Georgia for authorization to use cash collateral.

The Debtor is indebted to First State Bank in the amount of
$500,000, as the maximum balance owed for a line of credit
obligation plus a $264,039 loan balance.  The Debtor granted First
State Bank security interests in and to the Debtor's property, and
all its cash and non-cash proceeds.

The Debtor contends that it needs to use cash collateral to pay its
on-going expenses of operations and protect its ability to
reorganize.

The Debtor's proposed Budget provides for total monthly expenses in
the amount of $489,364.

The Debtor proposes to provide First State Bank with replacement
liens in and to all property of the estate of the kind presently
securing the indebtedness owing to First State Bank, including
property which is purchased or acquired with the cash collateral.

The Debtor's Motion is scheduled for final hearing on Aug. 17, 2016
at 10:30 a.m.

A full-text copy of the Debtor's Motion, dated Aug. 2, 2016, is
available at https://is.gd/HkfCYc

First State Bank is represented by:

          Nathanael D. Brantley, Esq.
          DOVER MILLER KARRAS & LANGDALE, P.C.
          P.O. Box 729
          Valdosta, GA 31603-0729

                      About Dupont Yard

Dupont Yard, Inc. filed a chapter 11 case (Bankr. M.D. Ga. Case No.
16-70808) on Aug. 1, 2016.  The petition was signed by Steve
Conner, CEO.  The Debtor is represented by Thomas D. Lovett, Esq.,
at Kelley, Lovett, & Blakey, P.C.  The Debtor estimated assets and
debts at $1 million to $10 million at the time of the filing.


E & L YOUNG: Status Conference Taken Off Court Calendar
-------------------------------------------------------
On July 1, 2016, after reviewing the schedules and realizing that
an earlier status conference should be held, Judge William J.
Lafferty, III, of the United States Bankruptcy Court for the
Northern District of California, Oakland Division, set a status
conference for July 27, 2016. In light of the July 27, 2016 status
conference held by the Court, the Court hereby takes the August 3,
2016 status conference off calendar.

The case is captioned In re E & L Young Enterprises, Inc., Chapter
11, Debtor, Case No. 16-41784 (Bankr. N.D. Cal.).

A full-text copy of Judge Lafferty's July 29, 2016 memorandum is
available at https://is.gd/Bx59ng from Leagle.com.

E & L Young Enterprises, Inc. is represented by:

          Charles Alex Naegele, Esq.
          C. ALEX  NAEGELE,
          A PROFESSIONAL LAW CORPORATION
          95 South Market Street, Suite 300     
          San Jose, CA 95113
          Tel: (408) 995-3224
          Fax: (408) 890-4645
          Email: alex@canlawcorp.com

Office of the U.S. Trustee/Oak, U.S. Trustee, is represented by:

          Shining J. Hsu, Esq.
          OFFICE OF THE UNITED STATES TRUSTEE
          280 South First Street, Room 268
          San Jose, CA 95113
          Tel: (408)535-5525
          Fax: (408)535-5532

                 About E&L Young Enterprises

E&L Young Enterprises, Inc. is a tile and granite installer and
contractor, based in San Leandro, Calif.  It filed a Chapter 11
bankruptcy petition (Bankr. N.D. Cal. Case No. 16-41784) on June
28, 2016. The Debtor is represented by Charles Alex Naegele, Esq.


EMPRESAS PLAYA: Hires Ismael Isern as Appraiser
-----------------------------------------------
Empresas Playa Joyuda, Inc., seeks authorization from the U.S.
Bankruptcy Court for the District of Puerto Rico to employ Ismael
Isern as appraiser.

The Debtor has requested from Ismael Isem to assume the appraisal
services for the commercial property -- a hotel -- located at State
Road 102 Km 14.3 Playa Joyuda, Cabo Rojo, Puerto Rico.

The Debtor agreed to compensate Ismael Isem $3,500 plus a 4% state
tax for a total due of $3,640.  A $1,840 retainer fee must be paid
by the Debtor from available funds.

Ismael Isem assured the Court that the firm is a "disinterested
person" as the term is defined in Section 101(14) of the Bankruptcy
Code and does not represent any interest adverse to the Debtor and
its estates.

Ismael Isem may be reached at:

     Ismael Isem
     968 Calle 42 SE
     San Juan, PR 00921-2701
     Phone: (787)765-2110
     Fax: (787)765-2132

              About Empresas Playa Joyuda

Empresas Playa Joyuda, Inc. filed a Chapter 11 bankruptcy petition
(Bankr. D.P.R. Case No. 15-09594) on December 1, 2015.  Gratacos
Law Firm, PSC represents the Debtor as counsel.  In its petition,
the Debtor estimated $939,685 in assets and $2.74 million in
liabilities. The petition was signed by Cesar Perez Perichi,
president and treasurer.


ENNIS WEST END: Plan Outline Ok'd, Confirmation Hearing on Sept. 15
-------------------------------------------------------------------
The U.S. Bankruptcy Court for the Northern District of Texas is set
to hold a hearing on September 15, at 9:00 a.m., to consider
approval of the Chapter 11 plan of reorganization of Ennis West
End, Inc.  

The hearing will take place at Courtroom 3, 14th Floor, 1100
Commerce Street, Dallas, Texas.

The bankruptcy court had earlier issued an order approving Ennis
West End's disclosure statement, allowing the company to start
soliciting votes from creditors.  

Creditors have until September 8 to cast their votes and file their
objections to the restructuring plan.

Ennis West End is represented by:

     Areya Holder, Esq.
     Sabrina Johnson Craig, Esq.
     Holder Law
     800 West Airport Freeway, Suite 800
     Irving, TX 75062
     Telephone: (972) 438-8800
     Telecopier: (972) 438-8825
     Email: areya@holderlawpc.com

                      About Ennis West End

Ennis West End, Inc. sought protection under Chapter 11 of the
Bankruptcy Code (Bankr. N. D. Texas Case No. 15-33620) on September
1, 2015.  The petition was signed by Anwar T. Ahmand, president.  

The case is assigned to Judge Harlin DeWayne Hale.

At the time of the filing, the Debtor estimated its assets and
debts at $1 million to $10 million.


ENOR CORP: Toy Business Assets Sale to Imperial for $962K Approved
------------------------------------------------------------------
Judge Vincent F. Papalia of the U.S. Bankruptcy Court for the
District of New Jersey authorized Enor Corp. to sell its Toy
Business assets to Imperial Toy, LLC, for $962,000.

A hearing was held on Aug. 2, 2016.

After due deliberation, the Court have determined that the Asset
Purchase Agreement dated July 8, 2016 by and between the Debtor and
Imperial Toy represents a reasonable exercise of the Debtor's sound
business judgment consistent with its fiduciary duties and is in
the best interests of the Debtor, its estate, its creditors and all
other parties in interest.

A copy of the APA attached to the Order is available for free at:

      http://bankrupt.com/misc/Enor_Corp_186_Order.pdf

The Purchased Assets include all of the Debtor's rights in, to and
relating to the Toy Business including, but not limited to, all
equipment, inventory, proprietary rights, contracts, books and
records, ancillary materials, warranties, certain Article 5
avoidance actions, deposits and goodwill.

The sale is free and clear of all liens, claims, interests and
encumbrances.

The Debtor, upon the closing, will immediately pay TD Bank NA the
full amount of the sale proceeds via a wire instructions for
application in reduction of the indebtedness owed by the Debtor to
TD Bank.  

The Debtor is authorized and directed to assume the Assumed
Contracts as set forth in the APA and to assign such Assumed
Contracts to Imperial Toy, without further application to or order
of the Court.  The Cure Cost identified on the list in the APA will
be paid by the Debtor as a cure.  

                          About Enor Corp

Enor Corporation is a plastics manufacturer that originally focused
on the production of protective plastic sleeves and packaging for
use in hobbies, photographic storage and the storage
of collectible items.  Enor operated out of two facilities, one in
New Jersey and one in South Carolina, which are owned by
affiliates.

Enor Corporation sought Chapter 11 protection (Bankr. D.N.J. Case
No. 15-32714) on Dec. 2, 2015.  The petition was signed by Steven
Udwin, director.

Judge Vincent F. Papalia is assigned to the case.  

The Debtor disclosed assets of $248,659 and $5.20 million in debt.

Jeffrey A. Cooper, Esq., at Rabinowitz, Lubetkin & Tully, LLC,
serves as the Debtor's counsel.

On Dec. 18, 2015, the U.S. Trustee's office established an official
committee of unsecured creditors.  On April 4, 2016, the Court
entered an order authorizing the Committee to retain B. Riley &
Co., LLC, as financial advisors.

No trustee has been appointed in the Chapter 11 case.


ENTERPRISE CLOUDWORKS: Hires EisnerAmper as Financial Advisors
--------------------------------------------------------------
Enterprise Cloudworks, Incorporated seeks authorization from the
U.S. Bankruptcy Court for the Eastern District of Pennsylvania to
employ EisnerAmper LLP as financial advisor.

The Debtor requires EisnerAmper to:

   a. develop and assess cash collateral budgets, including the
analysis, review and refinement of the Debtor's rolling initial and
subsequent cash flow projections;

    b. develop and assess the Debtor's business plan and any
related projections;

    c. monitor business operations and compliance reporting of the
Debtor's actual versus projected activity;

    d. develop the financial aspects of a restructuring plans,
including preparation of financial projections, liquidation
analysis and other schedules in support of the plan of
reorganization process;

    e. assist with analysis and reconciliation of financial
information as requested by management and/or counsel;

    f. prepare reports and communications with the Debtor's
creditors and other parties-in-interest;

    g. compliance with Court and Office of the US Trustee reporting
requirements, including oversight of the preparation of monthly
operating reports;

    h. interact with other retained professionals, such as
attorneys and accountants, and lenders and creditors' committee, if
any, and other parties-in-interest, as requested by the designated
officer of the Debtor;

    i. participate in court hearings and, if necessary, provide
expert testimony in connection with any hearing before the court
regarding the Company's proceedings;

    j. perform other tasks as appropriate as may reasonably be
requested by the Debtor's management or counsel.

EisnerAmper will be paid at these hourly rates:

    Michael Dufrayne                $495
    Managing Directors              $435-$540
    Senior Consultants              $260-$430
    Consultation and Staff          $185-$250

On the Petition Date, EisnerAmper received a retainer in the amount
of $15,000 from the Debtor.

EisnerAmper will also be reimbursed for reasonable out-of-pocket
expenses incurred.

Michael Dufrayne, managing director of EisnerAmper LLP, assured the
Court that the firm is a "disinterested person" as the term is
defined in Section 101(14) of the Bankruptcy Code and does not
represent any interest adverse to the Debtor and its estates.

EisnerAmper may be reached at:

      Michael Dufrayne
      EisnerAmper LLP
      One Logan Square, Suite 3000
      130 North 18th Street
      Philadelphia, PA 19103
      Tel: 215.881.8390
      E-mail: michael.dufrayne@eisneramper.com

             About Enterprise Cloudworks, Incorporated

Enterprise Cloudworks, Incorporated filed a chapter 11 petition
(Bankr. E.D. Pa. Case No. 16-15198) on July 22, 2016.  The
petition was signed by Christopher Gali, CEO & co-founder.  The
Debtor is represented by Aris J. Karalis, Esq., at Maschmeyer
Karalis, P.C., in Philadelphia.  The case is assigned to Judge
Stephen Raslavich.  The Debtor reported total assets at $329,777
and total liabilities at $2.46 million, as of July 8, 2016.


ESPERANZA INN: Gets Court Approval of Chapter 11 Plan
-----------------------------------------------------
A U.S. bankruptcy judge approved the Chapter 11 plan proposed by
Puerto Rico-based Esperanza Inn, Corp.

Judge Enrique Lamoutte Inclan of the U.S. Bankruptcy Court in
Puerto Rico gave the thumbs-up to the plan after finding that it
satisfies the requirements for confirmation under the Bankruptcy
Code.

In the same filing, the bankruptcy judge also gave final approval
to the disclosure statement detailing the plan.  The disclosure
statement was conditionally approved on April 4, court filings
show.

                       About Esperanza Inn

Esperanza Inn, Corp. sought protection under Chapter 11 of the
Bankruptcy Code (Bankr. D. P.R. Case No. 15-04411) on June 10,
2015.  The petition was signed by Lisa Ferguson, president.  

The case is assigned to Judge Enrique Lamoutte Inclan.

At the time of the filing, the Debtor disclosed $566,555 in assets
and $1.2 million in liabilities.


ETERNAL JEWELERS: Hires David P. Lloyd Ltd. as Counsel
------------------------------------------------------
Eternal Jewelers, Inc., seeks authorization from the U.S.
Bankruptcy Court for the Northern District of Illinois to employ
David P. Lloyd, Ltd. as counsel.

The Debtor requires David P. Lloyd, Ltd., to represent it in
matters concerning negotiation with creditors, preparation of a
plan and disclosure statement, examining and resolving claims filed
against the estate, preparation and prosecution of adversary
matters, and otherwise to represent the Debtor in matters before
the Court.

David P. Lloyd, Ltd. will be paid at this hourly rate:

       Counsel                       $400

David P. Lloyd, Ltd., agreed to accept $7,500 for legal services.

Prior to the filing of the petition, David P. Lloyd, Ltd., has
received $7,500.

David P. Lloyd, Ltd. will also be reimbursed for reasonable
out-of-pocket expenses incurred.

David P. Lloyd, principal of the law firm David P. Lloyd, Ltd.,
assured the Court that the firm is a "disinterested person" as the
term is defined in Section 101(14) of the Bankruptcy Code and does
not represent any interest adverse to the Debtor and its estate.

The Firm may be reached at:

    David P. Lloyd, Esq.
    David P. Lloyd, Ltd.
    615B S.LaGrange Rd.
    LaGrange, IL 60525
    Tel: 708-937-1264
    Fax: 708-937-1264

                      About Eternal Jewelers, Inc.

Eternal Jewelers, Inc. filed a Chapter 11 bankruptcy petition
(Bankr. N.D.Ill. Case No. 16-13337) on April 19, 2016.  David P.
Lloyd Esq. at David P. Lloyd, Ltd., as bankruptcy counsel.


FANNIE MAE: Two Directors Resign from Board
-------------------------------------------
Brenda J. Gaines notified Federal National Mortgage Association of
her resignation from the Board of Directors of Fannie Mae
(formally, the Federal National Mortgage Association), effective as
of Aug. 31, 2016.  Separately, David H. Sidwell notified the
Company of his resignation from the Board of Directors of Fannie
Mae, effective as of Sept. 30, 2016, as disclosed in a regulatory
filing with the Securities and Exchange Commission.

                       About Fannie Mae

Federal National Mortgage Association, aka Fannie Mae, is a
government-sponsored enterprise that was chartered by U.S.
Congress in 1938 to support liquidity, stability and affordability
in the secondary mortgage market, where existing mortgage-related
assets are purchased and sold.

The U.S. Department of the Treasury owns Fannie Mae's senior
preferred stock and a warrant to purchase 79.9 percent of its
common stock, and Treasury has made a commitment under a senior
preferred stock purchase agreement to provide Fannie with funds
under specified conditions to maintain a positive net worth.

Fannie Mae reported net income of $10.95 billion on $109 billion of
total interest income for the year ended Dec. 31, 2015, compared
with net income of $14.2 billion on $114 billion of total interest
income for the year ended Dec. 31, 2014.

                        About Freddie Mac

Based in McLean, Virginia, the Federal Home Loan Mortgage
Corporation, known as Freddie Mac (OTCBB: FMCC) --
http://www.FreddieMac.com/-- was established by Congress in        

1970 to provide liquidity, stability and affordability to the
nation's residential mortgage markets.  Freddie Mac supports
communities across the nation by providing mortgage capital to
lenders.  Over the years, Freddie Mac has made home possible for
one in six homebuyers and more than five million renters.

Freddie Mac is under conservatorship and is dependent upon the
continued support of Treasury and the Federal Housing Finance
Agency acting as conservator to continue operating its
business.


FERGUSON CONVALESCENT: To Fund Plan Through Sale of Assets
----------------------------------------------------------
Ferguson Convalescent Home, Inc., filed with the U.S. Bankruptcy
Court for the Eastern District of Michigan its latest disclosure
statement detailing its Chapter 11 plan of liquidation.

Ferguson proposes a plan that will be funded through the sale of
all of its assets to an entity to be formed by Nationwide
Healthcare Services, LLC, the company that provided loan to get
Ferguson through bankruptcy.  

Under the deal, the buyer will either pay the company $800,000 in
cash or assume its debt, according to court filings.  

In conjunction with the proposed sale, the buyer is also seeking to
acquire real properties, which include the nursing home where
Ferguson operates in Lapeer, Michigan.  The properties will be sold
for $1.2 million to $1.6 million.

Under the liquidating plan, an unsecured creditor that holds a
claim of $2,000 or less, or that elects to decrease its claim to
$2,000 will get 75% of its claim on the date that is three months
after the plan takes effect.

Other unsecured creditors will receive payment from Ferguson or the
buyer an amount equal to 105% of the face amount of each invoice
for material or services provided by the creditor to the company
during the year immediately following the date the plan is
confirmed, and an amount equal to 110% of the face amount of each
invoice during the second year following the confirmation.

A copy of the latest disclosure statement is available for free at

https://is.gd/Q5vrU2

                   About Ferguson Convalescent

Ferguson Convalescent Home, Inc., filed a Chapter 11 bankruptcy
petition (Bankr. E.D. Mich. Case No. 16-30397) on Feb. 24, 2016.
The cases are pending before the Honorable Daniel S. Opperman.  The
Debtor is represented by Martin W. Hable, Esq., in Lapeer, Mich.

The Debtor is a privately owned and licensed long term skilled
nursing facility located at 239 S. Main St., Lapeer, Mich.  It
consists of 87 licensed beds, located within a leased facility.
The Debtor currently has 54 residents and employs nearly 100 full
and part-time employees.


FIBROCELL SCIENCE: Lists $8.09-Mil. Net Loss in Qtr. Ended in June
------------------------------------------------------------------
Fibrocell Science, Inc., filed its quarterly report on Form 10-Q,
disclosing a net loss of $8.09 million on $87,000 of total revenue
for the three months ended June 30, 2016, compared with a net loss
of $6.76 million on $137,000 of total revenue for the same period
in 2015.

For the six months ended June 30, 2016, the Company listed a net
loss of $9.50 million on $103,000 of total revenue, compared to a
net loss of $15.28 million on $331,000 of total revenue for the
same period in the prior year.

The Company's balance sheet at June 30, 2016, showed $10.52 million
in total assets, $4.69 million in total liabilities, and
stockholders' equity of $5.83 million.

The Company expects to continue to incur losses and will require
additional capital to advance its product candidates through
development to commercialization. As of June 30, 2016, the Company
had cash and cash equivalents of approximately $8.2 million and
working capital of approximately $5.8 million. The Company believes
that its cash and cash equivalents at June 30, 2016, will be
sufficient to fund operations into the fourth quarter of 2016. The
Company will require additional capital to fund operations beyond
that point. To meet its capital needs, the Company intends to raise
additional capital through debt or equity financings,
collaborations, partnerships or other strategic transactions.
However, there can be no assurance that the Company will be able to
complete any such transaction on acceptable terms or otherwise. The
failure of the Company to obtain sufficient funds on acceptable
terms when needed could have a material adverse effect on the
Company's business, results of operations and financial condition.
These conditions raise substantial doubt about its ability to
continue as a going concern.

A copy of its Quarterly Report is available at https://is.gd/aOZsgn


Fibrocell Science, Inc., is an autologous cell and gene therapy
company translating personalized biologics into medical
breakthroughs.


FLORIDA GLASS: Case Summary & 20 Largest Unsecured Creditors
------------------------------------------------------------
Debtor: Florida Glass of Tampa Bay, Inc.  
        13909 Lynmar Blvd
        Tampa, FL 33626-3124

Case No.: 16-06874

Chapter 11 Petition Date: August 9, 2016

Court: United States Bankruptcy Court
       Middle District of Florida (Tampa)

Debtor's Counsel: Leon A. Williamson, Jr., Esq.
                  LAW OFFICE OF LEON A. WILLIAMSON, JR., P.A.
                  306 S. Plant Avenue, Ste. B
                  Tampa, FL 33606
                  Tel: 813-253-3109
                  Fax: 813-253-3215
                  E-mail: leon@lwilliamsonlaw.com

Estimated Assets: $1 million to $10 million

Estimated Liabilities: $10 million to $50 million

The petition was signed by Joseph Muraco, president.

A copy of the Debtor's list of 20 largest unsecured creditors is
available for free at http://bankrupt.com/misc/flmb16-06874.pdf


FLY-IN-FISH INN: Selling Real and Personal Property to Halibut
--------------------------------------------------------------
Kenneth A. Bellows and Fly-in-Fish Inn, Inc., ask the U.S.
Bankruptcy Court for the District of Alaska to authorize the sale
of Fly-in-Fish Inn property, including the tidelands lease and all
furniture, fixtures and equipment to Halibut Point Marine Services,
LLC or its designee for approximately $2,400,000 to $2,500,000.

The sale is to be free and clear of liens and interests and will
include the 1/3 ownership interest of Marlys Hanson.

The real estate being sold consists of three parcels of upland
property and a tidelands lease. According to the title report from
Stewart Title dated April 15, 2015 and the Debtors' understanding,
the parcels are as follows:

   a. Hotel Property ("Parcel 1") - Lot 36-B of the Amended Plat of
a portion of 36, Block 5, U.S. Survey 2542 A & B, Sitka Indian
Village, according to the plat thereof filed July 1967 as Plat No.
73. Parcel 1 is owned by Ken Bellows who owns 2/3 interest and
Marlys Dee Hanson who owns 1/3 interest. Perfected lienholders of
Parcel No. 1 are (i) First Bank (first deed of trust), (ii) Moulton
Estate (second deed of trust), (iii) Carla Green (third deed of
trust), (iv) Calvin Investment Co. (fourth deed of trust), and (v)
City & Borough of Sitka (fifth deed of trust). only First Bank's
lien encumbers the portion belonging to Marlys Hanson.

   b. Tidelands Leasehold Property ("Parcel 2") - A portion of
Alaska Tidelands Survey No. 15. Parcel 2 is owned by City & Borough
of Sitka. The Tidelands lease, expiring May 10, 2027, is owned by
Ken Bellows. Perfected lienholders of Parcel 2 are (i) First Bank
(first deed of trust) and (ii) Moulton Estate (second deed of
trust).

   c. Land adjacent to Hotel ("Parcel 3") - Tract "K", Katlian
Avenue Right-of-Way, according to the plat thereof filed April 14,
1983 as Plat No. 83-12, Sitka Recording District, First Judicial
District, State of Alaska. Parcel 3 is owned by Ken Bellows.
Perfected lienholders of Parcel 3 are (i) First Bank (first deed of
trust), (ii) Moulton Estate (second deed of trust), Carla Green
(third deed of trust) and (iv) Calvin Investment Co. (fourth deed
of trust).

   d. Land adjacent to Hotel ("Parcel 4") - Lot 2 S.P.C.  
Subdivision, according to the plat thereof filed Oct. 22, 1997 as
Plat No. 97-34, Sitka Recording District, First Judicial District,
State of Alaska. Parcel 4 is
owned by Ken Bellows. Perfected lienholders of Parcel 4 are (i)
First Bank (first deed of trust) and (ii) Moulton Estate (second
deed of trust).

   e. Parcel No. 5 - Hotel furniture fixtures and equipment owned
by Fly-in-Fish Inn. Perfected lienholder of Parcel 5 is First Bank
for security interest.

   f. Parcel No. 6 - Floating Structure located on Tidelands
Property. It is owned by Ken Bellows. Perfected lienholder of
Parcel 6 is First Bank for security interest/ship mortgage.

The sale price has not been allocated among the real and personal
property being sold.  The Debtors believe the sales proceeds should
be allocated according to the following percentages:

   a. Parcel 1 (hotel property) - 60%
   b. Parcel 2 (tidelands) - 10%
   c. Parcel 3 (land) - 1%
   d. Parcel 4 (land) - 4%
   e. Parcel 5 (hotel furniture) - 10%
   f. Parcel 6 (structure on tidelands) - 15%

The Debtors aver that this allocation is consistent with the
relative values of the several assets.  The First Bank lien and all
closing costs and administrative expenses relating to the sale
should be allocated proportionately.  Any remaining proceeds will
be allocated to the remaining lienholders holding claims against
the real property and the ownership interests of Marlys Hanson, Ken
Bellows (owner of the floating structure) and Fly-in-Fish Inn. Inc.
(owner of the hotel fixtures) as the Court may direct. Debtors
anticipate the remaining proceeds will be about $390,000.

A copy of the  Proposed Proceed Allocation attached to the Motion
is available for free at:

      http://bankrupt.com/misc/Fly_in_Fish_102_Sales.pdf

The Debtors anticipate there will be a number of claimants to any
proceeds left after the closing and payoff of the First Bank claim.
The distribution of the proceeds and any administrative claims
charged against them will have to be determined.

According to the Debtors, there may also be a claim from the agent
the Debtors employed to sell the property, Prudential Southeast
Alaska Real Estate.  Even though the listing agreement provides for
a commission of 4% on any sale during the listing period, the
Debtors do not believe the estate and creditors should be required
to pay almost $100,000 in commissions here, as the proceeds will
not be sufficient to pay all secured, priority and unsecured
claims, and the agent did not produce this buyer, so there was no
benefit to the estate from the agent's services.  If the agent
claims a commission this issue can be resolved after the closing.

Attorney for the Debtors:

          David H. Bundy
          DAVID H. BUNDY, P.C.
          310 K Street, Suite 200
          Anchorage, AK 99501
          Telephone: (907) 248-8431

                       About Fly-in-Fish Inn

Fly-in-Fish Inn sought Chapter 11 protection on (Bankr. D. Alas.
Case No. 15-00246 ) Aug. 17, 2015.  Judge Gary Spraker is assigned
to the case.

The Debtor estimated assets in the range of $500,000 to $1 million
and $1 million to $10 million in debt.

David H. Bundy, Esq. at David H. Hundy, PC, serves as the Debtor's
counsel.

The petition was signed by Kenneth A. Bellows, president.


FULTON COUNTY JAC: Unsecured Creditors to Get 10% Under Exit Plan
-----------------------------------------------------------------
General unsecured creditors of Fulton County JAC, LLC, will get 10%
of their claims, according to a Chapter 11 plan of reorganization
proposed by the company.

Under the plan, Class 5 general unsecured creditors will receive a
monthly payment of $398 during the term of the restructuring plan
commencing 30 days after it takes effect.

The plan will be funded by income received from rental of the
company's real property located at 2802 State Highway 29 in
Johnstown, New York, according to the disclosure statement
detailing the plan.

A copy of the latest disclosure statement is available for free at

https://is.gd/INhGwX

Fulton County JAC is represented by:

     Stephen J. Waite, Esq.
     Esq., Waite & Associates, P.C.  
     199 New Scotland Avenue
     Albany, New York 12208
     Phone: (518-463-4257)

                     About Fulton County JAC

Fulton County JAC, LLC sought protection under Chapter 11 of the
Bankruptcy Code (Bankr. N.D.N.Y. Case No. 14-61976) on December 22,
2014.


FULTON STREET: Creditors to Get Full Payment Under Exit Plan
------------------------------------------------------------
General unsecured creditors of The Fulton Street Corp. will be paid
in full under the company's proposed plan to exit Chapter 11
protection.

Under the plan, the company will pay all allowed general unsecured
claims a 100% dividend 30 days from the effective date of the plan.
General unsecured claims total approximately $2,500.

The restructuring plan also proposes to pay other creditors in
full.  

The City of Lawrence will receive an initial cash payment of
$15,000 for its claims estimated at $165,000.  The rest will be
paid in equal monthly installments over 60 months.   

Meanwhile, priority claims of tax agencies will be paid in equal
monthly installments over 60 months, according to the company's
disclosure statement detailing its plan.

A copy of the disclosure statement is available for free at
https://is.gd/uR6Jeb

The Debtor is represented by:

     Laurel E. Bretta, Esq.
     Bretta & Grimaldi, P.A.
     77 Mystic Avenue
     Medford, Massachusetts 02155
     Phone: 781-395-0090
     Email: bglaw@lbretta.com

                     About The Fulton Street

The Fulton Street Corporation sought protection under Chapter 11 of
the Bankruptcy Code (Bankr. D. Mass. Case No. 15-41280) on July 1,
2015.


GARY DEAN ROGERS: Files Plan and Disclosure Statement
-----------------------------------------------------
Gary Dean Rogers, d/b/a Rogers Construction and Rogers General
Construction, filed with the U.S. Bankruptcy Court for the Western
District of Texas his Chapter 11 plan and disclosure statement.

Mr. Rogers proposes to pay general unsecured trade debt, estimated
to be $3 million, will be paid from net proceeds from the sale of
the Debtor's non-exempt property and his net disposable income.
The Debtor will form a new company which will become co-obligated
on all of the Debtor's Allowed Claims.

The trade debt will be paid according to this schedule:

     Total payable in Months  1-12            $0
     Total payable in Months 13-24      $245,000
     Total payable in Months 25-36      $367,500
     Total payable in Months 37-48      $490,000
     Total payable in Months 49-60      $490,000
     Total payable in Months 61-84      $490,000

As reported by the Troubled Company Reporter on July 25, 2016,
Judge Tony M. Davis of the U.S. Bankruptcy Court for the Western
District of Texas, Austin Division, authorized Gary Dean Rogers to
sell his interest in the 1.32 acres of unimproved real property at
Lot 22, Blk 1, in Bentwood Reserve Subdivision, to David and
Elizabeth Chambers for $70,000.

A copy of the Disclosure Statement is available at:

          http://bankrupt.com/misc/txwb16-10404-0108.pdf

                      About Gary Dean Rogers

Gary Dean Rogers, d/b/a Rogers Construction and Rogers General
Construction, provides welding, water truck services, "dirt work",
and equipment rentals for the oil field services company.

Gary Dean Rogers -- aka G D Rogers, dba Rogers Construction, doing
business as Rogers General Construction --  sought Chapter 11
protection (Bankr. W.D. Tex. Case No. 16-10404) on April 4, 2016.
Wayne Kitchens, Esq. at Hughes Watters Askanase, LLP, serves as
counsel.


GAWKER MEDIA: Committee Challenges Bid to Hire Special Counsel
--------------------------------------------------------------
The Official Committee of Unsecured Creditors of Gawker Media LLC,
Gawker Media Group, Inc., and Kinja Kft. filed a limited objection
to the Debtors' applications to employ Brannock & Humphries, Cahill
Gordon & Reindel LLP, Levine Sullivan Koch & Schulz, LLP, and
Thomas & LoCicero LP, as special litigation counsel effective nunc
pro tunc to the Petition Date.

The Committee noted that the Proposed Special Counsel have
represented the Debtors and non-Debtor defendants -- including
non-Debtor Nick Denton, who founded and controls the Debtors -- in
various civil lawsuits arising from content posted to the Debtors'
websites, including the lawsuit in Florida that resulted in a
$140.1 judgment against Debtor Gawker Media and non-Debtors Nick
Denton and A.J. Daulerio that precipitated the current Chapter 11
proceedings.  The panel also noted that the Debtors have borne 100%
of the pre-petition fees and expenses of the Proposed Special
Counsel for work on behalf of, and for the benefit of, the Debtor
and non-Debtor defendants, including Mr. Denton.  The Committee has
reason to believe that this may be just one example of a pattern of
Mr. Denton's pre-petition use of Debtor resources for personal
purposes.  An examination of these issues and other pre-petition
transfers of resources from and among the Debtors will be part of
the Committee's investigation.

The Committee said its investigation has been temporarily delayed
because the Debtors' staff and professionals have been focused on
the pending sale process and have deferred responding to the
Committee's information requests until that process is concluded.

The Committee also continued that, while it is understandable that
Mr. Denton (and other non-Debtor defendants) seek to continue with
their free ride post-petition, that regime simply cannot continue.
The costs of defending non-Debtors post-petition must be borne by
the non-Debtor defendants, not by the Debtors' estates and their
creditors.  According to the panel, the Debtors' Applications
appear to be an extension of earlier efforts by Mr. Denton to use
the Debtors to shield himself (and other non-Debtors) from personal
legal fees and liabilities.  Indeed, after Debtor Gawker Media
filed for bankruptcy, Mr. Denton caused Debtor Gawker Media to
immediately seek a temporary restraining order to protect its
founder from the judgment entered against him by the Florida jury.
Mr. Denton then caused Gawker Media to unsuccessfully seek to have
the automatic stay extended to protect him personally
notwithstanding the minimal time burden on Mr. Denton absent such a
stay.

More importantly, however, it is critical that any special counsel
retained pursuant to Section 327(e) must have exclusive allegiance
to the Debtors, and not shared duties to nonDebtor defendants such
as Mr. Denton against whom the estates may have claims, and who may
assert claims against the estates. The Committee recognizes that
the Proposed Special Counsel have developed knowledge and expertise
from their pre-petition representation of the defendants.

Consequently, the Committee has no objection to the Proposed
Special Counsel continuing to represent the Debtors in the various
litigations for which the Debtors seek to retain special litigation
counsel. The Committee does object, however, to any continuation of
Proposed Special Counsels' joint representation of the Debtor and
non-Debtor defendants as that creates actual or potential conflicts
of interest that would preclude the retention of Special Counsel
pursuant to Section 327(e) of the Bankruptcy Code.

The lawsuit that directly precipitated the bankruptcy filings was
brought by Terry G. Bollea -- the former professional wrestler Hulk
Hogan -- against Debtor Gawker Media LLC, Messrs. Denton and
Daulerio and others asserting various causes of action arising from
the posting on gawker.com of objectionable video footage of Mr.
Bollea. In March 2016, a jury in Florida returned a verdict for Mr.
Bollea, finding that each of the defendants acted with the specific
intent to harm Mr. Bollea when they posted the video on the
internet.  The jury awarded $115 million in compensatory damages
jointly and severally against Debtor Gawker Media and non-Debtors
Messrs. Denton and Daulerio, and it awarded Mr. Bollea an
additional $25.1 million in punitive damages divided as follows:
$15 million against Debtor Gawker Media, $10 million against Mr.
Denton, and $100,000 against Mr. Daulerio.  The total damages award
is $140.1 million. On June 10, 2016 Debtor Gawker Media filed its
voluntary petition for relief under chapter 11 of the Bankruptcy
Code.

Proposed Counsel to the Committee:

         Sandeep Qusba, Esq.
         William T. Russell, Jr., Esq.
         SIMPSON THACHER & BARTLETT LLP
         425 Lexington Avenue
         New York, NY 10017
         Telephone: (212) 455-2000
         Facsimile: (212) 596-9090

                      About Gawker Media

Founded in 2002 by Nick Denton, Gawker Media is privately held
online media company operating seven distinct media brands with
corresponding websites under the names Gawker, Deadspin,
Lifehacker, Gizmodo, Kotaku, Jalopnik, and Jezebel. The Company's
various Websites cover, among other things, news and commentary on
current events, politics, pop culture, sports, cars, fashion,
productivity, technology and video games.

Gawker sought bankruptcy protection after being ordered to pay
$140.1 million in connection with an invasion of privacy lawsuit
arising from publication of a report and commentary and
accompanying sex video involving Terry Gene Bollea.

New York-based Gawker Media, LLC -- fdba Gawker Sales, LLC, Gawker
Entertainment, LLC, Gawker Technology, LLC and Blogwire, Inc. --
filed a Chapter 11 bankruptcy petition (Bankr. S.D.N.Y. Case No.
16-11700) on June 10, 2016. The Hon. Stuart M. Bernstein presides
over the Debtors' cases.

Affiliates Gawker Media Group, Inc. and Budapest, Hungary-based
Kinja, Kft. filed separate Chapter 11 petitions (Bankr. S.D.N.Y.
Case Nos. 16-11719 and 16-11718) on June 12, 2016.

The cases are jointly administered.

Gregg M. Galardi, Esq., David B. Hennes, Esq. and Michael S.
Winograd, Esq., at Ropes & Gray LLP serve as counsel to the
Debtors. William Holden at Opportune LLP serves as Gawkers' chief
restructuring officer. Houlihan Lokey Capital, Inc. serves as the
Debtors' investment banker. Prime Clerk LLC serves as claims,
balloting and administrative agent.

Houlihan Lokey was retained by the Debtors on May 16, 2016, to
explore the possibility of a sale of all or substantially all of
the Debtors' assets, with the goal of maximizing return to the
Debtors' estates in the event of a possible chapter 11 filing.

The Debtors estimated $50 million to $100 million in assets and
$100 million to $500 million in liabilities.

The U.S. trustee for Region 2 on June 24 appointed three creditors
of Gawker Media LLC and its affiliates to serve on the official
committee of unsecured creditors. The committee members are Terry
Gene Bollea, popularly known as Hulk Hogan, Shiva Ayyadurai, and
Ashley A. Terrill.  Counsel to the Committee are Simpson Thacher &
Bartlett LLP's Sandy Qusba and William T. Russell.

Counsel to US VC Partners LP, as Prepetition Second Lien Lender:

          David Heller, Esq.
          Latham & Watkins LLP
          330 North Wabash Avenue, Suite 2800
          Chicago, IL 60611
          E-mail: david.heller@lw.com

               - and -

          Keith A. Simon, Esq.
          Latham & Watkins LLP
          885 Third Avenue
          New York, NY 10022
          E-mail: keith.simon@lw.com

Counsel to Cerberus Business Finance, LLC, as DIP Lender:

          Adam C. Harris, Esq.
          Schulte Roth & Zabel LLP
          919 Third Avenue
          New York, NY 10022
          E-mail: adam.harris@srz.com


GAWKER MEDIA: Panel Seeks to Limit Access to Privileged Info
------------------------------------------------------------
The Official Committee of Unsecured Creditors of Gawker Media LLC,
Gawker Media Group, Inc., and Kinja Kft. ask the U.S. Bankruptcy
Court in Manhattan to declare that the Committee is not authorized
or required, pursuant to section 1102(b)(3)(A) of the Bankruptcy
Code, to provide access to the Debtors' confidential and other
non-public proprietary information, or privileged information, to
creditors that hold claims of the kind represented by the Committee
and are not appointed to the Committee, subject to certain limited
exceptions.

The Debtors have requested a Court order, effective as of June 24,
2016, the date that the Committee was appointed, to confirm that:

     (i) the requirement that the Committee provide access to
information excludes Confidential Information; and

    (ii) that the Committee is not obligated under section 1102 to
provide access to any Privileged Information.

However, the Committee said it should be permitted, but not
required, to provide access to Privileged Information to any party
so long as (a) such Privileged Information is not Confidential
Information, and (b) the relevant privilege is held and controlled
solely by the Committee.

Absent appropriate protections, the Committee explained, the
Debtors and other parties might be unwilling or unable to share
Confidential Information with the Committee, thereby impeding the
Committee's ability to function effectively.  Accordingly, given
the importance of the issue, the Committee seeks an order of the
Court clarifying that any Committee obligation to provide access to
information does not include Confidential Information.

                      About Gawker Media

Founded in 2002 by Nick Denton, Gawker Media is privately held
online media company operating seven distinct media brands with
corresponding websites under the names Gawker, Deadspin,
Lifehacker, Gizmodo, Kotaku, Jalopnik, and Jezebel. The Company's
various Websites cover, among other things, news and commentary on
current events, politics, pop culture, sports, cars, fashion,
productivity, technology and video games.

Gawker sought bankruptcy protection after being ordered to pay
$140.1 million in connection with an invasion of privacy lawsuit
arising from publication of a report and commentary and
accompanying sex video involving Terry Gene Bollea.

New York-based Gawker Media, LLC -- fdba Gawker Sales, LLC, Gawker
Entertainment, LLC, Gawker Technology, LLC and Blogwire, Inc. --
filed a Chapter 11 bankruptcy petition (Bankr. S.D.N.Y. Case No.
16-11700) on June 10, 2016. The Hon. Stuart M. Bernstein presides
over the Debtors' cases.

Affiliates Gawker Media Group, Inc. and Budapest, Hungary-based
Kinja, Kft. filed separate Chapter 11 petitions (Bankr. S.D.N.Y.
Case Nos. 16-11719 and 16-11718) on June 12, 2016.

The cases are jointly administered.

Gregg M. Galardi, Esq., David B. Hennes, Esq. and Michael S.
Winograd, Esq., at Ropes & Gray LLP serve as counsel to the
Debtors. William Holden at Opportune LLP serves as Gawkers' chief
restructuring officer. Houlihan Lokey Capital, Inc. serves as the
Debtors' investment banker. Prime Clerk LLC serves as claims,
balloting and administrative agent.

Houlihan Lokey was retained by the Debtors on May 16, 2016, to
explore the possibility of a sale of all or substantially all of
the Debtors' assets, with the goal of maximizing return to the
Debtors' estates in the event of a possible chapter 11 filing.

The Debtors estimated $50 million to $100 million in assets and
$100 million to $500 million in liabilities.

The U.S. trustee for Region 2 on June 24 appointed three creditors
of Gawker Media LLC and its affiliates to serve on the official
committee of unsecured creditors. The committee members are Terry
Gene Bollea, popularly known as Hulk Hogan, Shiva Ayyadurai, and
Ashley A. Terrill.  Counsel to the Committee are Simpson Thacher &
Bartlett LLP's Sandy Qusba and William T. Russell.

Counsel to US VC Partners LP, as Prepetition Second Lien Lender are
David Heller, Esq., and Keith A. Simon, Esq., at Latham & Watkins
LLP.

Cerberus Business Finance, LLC, as DIP Lender, is represented by
Adam C. Harris, Esq., at Schulte Roth & Zabel LLP.


GAWKER MEDIA: Seeks Oct. 23 Extension of Removal Period
-------------------------------------------------------
Gawker Media LLC and its debtor-affiliates will appear before U.S.
Bankruptcy Judge Stuart M. Bernstein at a hearing on Aug. 23, 2016
at 10:00 a.m. (Prevailing Eastern Time), to seek an extension of
the time period within which the Debtors may remove proceedings
pursuant to 28 U.S.C. Sec. 1452 and Bankruptcy Rule 9027.

The Debtors request entry of an order pursuant to Bankruptcy Code
section 105(a) and Bankruptcy Rule 9006(b) extending the Removal
Period with respect to any actions pending on the Petition Date
through the later of (i) October 23, 2016, which date is 45 days
from the expiration of the current Removal Period, for Actions that
have not been stayed pursuant to Bankruptcy Code section 362, or
(ii) 30 days after entry of
an order terminating the automatic stay with respect to any
particular Action sought to be removed, without prejudice to the
Debtors' right to seek further extensions.

As of the commencement of the Chapter 11 Cases, the Debtors were a
party to certain judicial and/or administrative proceedings in
various courts and/or administrative agencies.  Some of the Actions
might be subject to removal pursuant to 28 U.S.C. Sec. 1452, which
applies to claims relating to bankruptcy cases.  As such, the
Debtors may find it appropriate and beneficial to their estates to
remove certain of the Actions to federal court.

The Debtors have not yet completed their analysis with respect to
the removal of any Actions.  Accordingly, the Debtors’ request
additional time to make the necessary determinations regarding
removal of the Actions.

Pursuant to Bankruptcy Rule 9027(a)(2), the period during which the
Debtors may remove Actions, if any, pursuant to 28 U.S.C. Sec. 1452
expires on the later of (i) September 8, 2016, or (ii) 30 days
after entry of an order terminating the automatic stay that
protects the debtor, if the Action has been stayed under Bankruptcy
Code section 362.

The pending Actions subject to removal are:

     -- Bollea v. Gawker Media, LLC, No. 12012447-CI-011 Circuit
Court of the Sixth Judicial Circuit in and for Pinellas County,
Florida

     -- Williams v. The MLB Network, LLC, No. CAM-L-3675-14
Superior Court of New Jersey - Camden County - Law Division

     -- Mail Media Inc. d/b/a Mail Online v. Gawker Media LLC and
James King, No. 1591342015 Superior Court of New Jersey - Camden
County - Law Division

     -- Charles Johnson and Got News, LLC v. Gawker Media, LLC, et
al., No. 15CECG03734 Superior Court of California, County of
Fresno

     -- Bollea v. Buchwald, et al, No. 40950062 Circuit Court of
the Sixth Judicial Circuit in and for Pinellas County, Florida

Counsel to the Debtors are:

          ROPES & GRAY LLP
          Gregg M. Galardi, Esq.
          Jonathan P. Gill, Esq.
          Jonathan M. Agudelo, Esq.
          Stacy A. Dasaro, Esq.
          1211 Avenue of the Americas
          New York, NY 10036-8704
          Telephone: (212) 596-9000
          Facsimile: (212) 596-9090
          E-mail: gregg.galardi@ropesgray.com
                  jonathan.gill@ropesgray.com
                  jonathan.agudelo@ropesgray.com
                  stacy.dasaro@ropesgray.com

                      About Gawker Media

Founded in 2002 by Nick Denton, Gawker Media is privately held
online media company operating seven distinct media brands with
corresponding websites under the names Gawker, Deadspin,
Lifehacker, Gizmodo, Kotaku, Jalopnik, and Jezebel. The Company's
various Websites cover, among other things, news and commentary on
current events, politics, pop culture, sports, cars, fashion,
productivity, technology and video games.

Gawker sought bankruptcy protection after being ordered to pay
$140.1 million in connection with an invasion of privacy lawsuit
arising from publication of a report and commentary and
accompanying sex video involving Terry Gene Bollea.

New York-based Gawker Media, LLC -- fdba Gawker Sales, LLC, Gawker
Entertainment, LLC, Gawker Technology, LLC and Blogwire, Inc. --
filed a Chapter 11 bankruptcy petition (Bankr. S.D.N.Y. Case No.
16-11700) on June 10, 2016. The Hon. Stuart M. Bernstein presides
over the Debtors' cases.

Affiliates Gawker Media Group, Inc. and Budapest, Hungary-based
Kinja, Kft. filed separate Chapter 11 petitions (Bankr. S.D.N.Y.
Case Nos. 16-11719 and 16-11718) on June 12, 2016.

The cases are jointly administered.

Gregg M. Galardi, Esq., David B. Hennes, Esq. and Michael S.
Winograd, Esq., at Ropes & Gray LLP serve as counsel to the
Debtors. William Holden at Opportune LLP serves as Gawkers' chief
restructuring officer. Houlihan Lokey Capital, Inc. serves as the
Debtors' investment banker. Prime Clerk LLC serves as claims,
balloting and administrative agent.

Houlihan Lokey was retained by the Debtors on May 16, 2016, to
explore the possibility of a sale of all or substantially all of
the Debtors' assets, with the goal of maximizing return to the
Debtors' estates in the event of a possible chapter 11 filing.

The Debtors estimated $50 million to $100 million in assets and
$100 million to $500 million in liabilities.

The U.S. trustee for Region 2 on June 24 appointed three creditors
of Gawker Media LLC and its affiliates to serve on the official
committee of unsecured creditors. The committee members are Terry
Gene Bollea, popularly known as Hulk Hogan, Shiva Ayyadurai, and
Ashley A. Terrill.  Counsel to the Committee are Simpson Thacher &
Bartlett LLP's Sandy Qusba and William T. Russell.

Counsel to US VC Partners LP, as Prepetition Second Lien Lender are
David Heller, Esq., and Keith A. Simon, Esq., at Latham & Watkins
LLP.

Cerberus Business Finance, LLC, as DIP Lender, is represented by
Adam C. Harris, Esq., at Schulte Roth & Zabel LLP.


GENERAL MOTORS: Court Partially Dismisses FMS Bond Suit
-------------------------------------------------------
In the case captioned FMS BONDS, INC. EMPLOYEES PENSION PLAN DATED
JUNE 30, 1980; FMS BONDS, INC. EMPLOYEES PROFIT SHARING PLAN DATED
JUNE 30, 1980; PAUL FEINSILVER and JAMES A. KLOTZ, Joint Tenants;
and FMS BONDS, INC. EMPLOYEE 401K PROFIT SHARING PLAN and TRUST FBO
TERRENCE O'GRADY, Plaintiffs, v. BANK OF NEW YORK MELLON,
Defendant, No. 15 Civ. 9375 (ER) (S.D.N.Y.), Judge Edgardo Ramos of
the United States District Court for the Southern District of New
York granted in part and denied in part the indenture trustee Bank
of New York Mellon's motion to dismiss the complaint, and denied
the plaintiffs' cross motion for summary judgment as to their first
claim only.

The plaintiffs are holders of a series of industrial revenue bonds
issued to fund the construction of a sewage disposal facility in
Ohio.  They brought the suit for breach of contract and breach of
fiduciary duty against Bank of New York Mellon, the current
indenture trustee responsible for servicing the bonds.  The claims
arose out of the bankruptcies of two entities that were allegedly
obligated to make payments under the bonds, and the trustee's
subsequent, alleged failures to protect the bondholders' interests.


A full-text copy of Judge Ramos' July 28, 2016 opinion and order is
available at https://is.gd/wbX68h from Leagle.com.

FMS Bonds, Inc. Employees Pension Plan Dated June 30, 1980, FMS
Bonds, Inc. Employees Profit Sharing Plan Dated June 30, 1980, Paul
Feinsilver and James A. Klotz, Joint Tenants, FMS Bonds, Inc.
Employee 401K Profit Sharing Plan and Trust FBO Terrence O'Grady,
are represented by:

          David Feinsilver, Esq.
          THE FEINSILVER LAW GROUP, P.C.
          215 Millburn Ave,
          Millburn, NJ 07041-1736
          Tel: (973)376-4400

            -- and –-

          J. Joseph Bainton, Esq.
          BAINTONLYNCH LLP
          7 Muchmore Ln.
          East Hampton, NY 11937
          Tel: (631)953-4013
          Fax: (631)513-4184

Bank of New York Mellon is represented by:

          Paul Terry Weinstein, Esq.
          EMMET, MARVIN & MARTIN, LLP
          120 Broadway 32nd Floor
          New York, NY 10271
          Tel: (212)238-3000
          Fax: (212)238-3100
          Email: pweinstein@emmetmarvin.com


GERALEX INC: Raises Annual Salary of President and VP by $3K
------------------------------------------------------------
On Aug. 25, 2016, at 10:00 a.m., Z. James Liu, counsel to Geralex,
Inc., will ask the U.S. Bankruptcy Court for Northern District of
Illinois to authorize $3,000 per year raises to its president and
vice president, each.

The Debtor explained that for the last four years before the
Petition Date, the salary of Alejandra Alvarado ("Alex"), the
president, and Gerry Alvarado ("Gerry"), the vice president, have
stagnated at $55,383 and $48,000 per year, respectively.  Instead
of increasing their salaries, the Debtor increased distributions on
account of their shares of stock.

Since the Petition Date, Geralex has reduced the office staff to
three, including Alex and Gerry, from a staff of six.  Part of this
reduction was possible, in part, because Geralex contracted with an
outside vendor, TriNet SOI, to take over back-office functions such
as invoicing, payroll, and other related back-office tasks for a
savings of tens of thousands of dollars per year.  However, with
reduced office staff, the workload of Alex and Gerry has
increased.

Geralex requests that Alex and Gerry each be given a $3,000 per
annum raise.  For Alex, that amounts to a 5.4% raise, and for
Gerry, it amounts to a 6.3% raise.

Geralex submits that the proposed increases are modest and thus
increasing the salary of key employees is a sound business
decision.

Geralex is represented by:

          William J. Factor
          Z. James Liu
          FACTORLAW
          105 W. Madison, Suite 1500
          Chicago, IL 60602
          Telephone: (312) 878-4830
          Facsimile: (847) 574-8233
          E-mail: wfactor@wfactorlaw.com
                  jliu@wfactorlaw.com

                           About Geralex

Geralex, Inc., is an Illinois corporation with its principal place
of business in Chicago, Illinois.  The company provides janitorial
services to commercial and government facilities, such as airports
and schools. It has been in business since 2003.  It is owned by
Alejandra Alvarado (60%) and Gerardo Alvarado (40%).

Geralex, Inc., sought Chapter 11 protection (Bankr. N.D. Ill. Case
No. 16-06479) on Feb. 26, 2016.  The petition was signed by
Alejandra Alvarado, president.  Judge Pamela S. Hollis is assigned
to the case.  The Debtor estimated assets and liabilities in the
range of $100,001 to $500,000.

William J. Factor at FactorLaw serves as the Debtor's counsel.


GFD CONSTRUCTION: Hires Osborn Group as Counsel
-----------------------------------------------
GFD Construction, Inc., seeks authority from the U.S. Bankruptcy
Court for the Northern District of Florida to employ Osborn Group,
LLC as counsel to the Debtor.

GFD Construction requires Osborn to:

   a. advise the Debtor regarding its powers, rights, duties, and
      obligations with respect to the creditors and other
      interested parties and in complying with the Bankruptcy
      Code; the Operating Guidelines and Reporting Requirements
      for Debtors in Possession and Chapter 11 Trustees; the
      Federal Rules of Bankruptcy Procedure, and other applicable
      laws, rules, and regulations;

   b. prepare motions, pleadings, orders, applications, adversary
      proceedings, and other legal documents necessary in the
      administration of Debtor's bankruptcy case;

   c. protect the interests of the Debtor in all matters pending
      before the Bankruptcy Court; and

   d. represent the Debtor in negotiations with its creditors and
      in the preparation of a Plan of Reorganization.

Osborn will be paid at these hourly rates:

     Jason Michael Osborn         $375
     Legal Assistants             $125
     Paralegals                   $125

The Debtor desires to employ Osborn under a general post-petition
retainer of $20,000.00.

On July 15, 2016, Osborn received $3,000.00 of the Retainer from
Anthony Green, Sr., which was deposited into Osborn's trust
account, where it remains.

On July 18, 2016, Osborn received another $3,000.00 of the Retainer
from Anthony Green, Sr., which was deposited into Osborn's trust
account, where it remains.

Anthony Green, Sr., has agreed to pay the outstanding balance of
the Retainer in the amount of $14,000.  In the event the
outstanding balance of the
Retainer shall not be paid as and when due, then Osborn reserves
the right to withdraw from the case, upon Bankruptcy Court approval
and upon such terms as shall be just and reasonable.

Osborn will also be reimbursed for reasonable out-of-pocket
expenses incurred.

Jason Michael Osborn, member of the law firm of Osborn Group, LLC,
assured the Court that the firm is a "disinterested person" as the
term is defined in Section 101(14) of the Bankruptcy Code and does
not represent any interest adverse to the Debtors and their
estates.

Osborn can be reached at:

     Jason Michael Osborn, Esq.
     OSBORN GROUP, LLC
     308 Magnolia Avenue, Suite 102
     Fairhope, AL 36532
     Tel: (251) 929-5050
     Email: josborn@osborngroupllc.com

                      About GFD Construction

GFD Construction, Inc., sought protection under Chapter 11 of the
Bankruptcy Code in the U.S. Bankruptcy Court for the Northern
District of Florida (Pensacola) (Case No. 16-30087) on February 1,
2016. The petition was signed by Anthony J. Greene, Sr., authorized
representative.

The Debtor is represented by Brandi Thomas, Esq., at Akbar Law
Firm, PA. The case is assigned to Judge Jerry C. Oldshue Jr. The
Debtor estimated assets of $1 million to $10 million and debts of
$100,000 to $500,000.


GINGER OIL: Court Approves Ch. 11 Plan to Exit Bankruptcy
---------------------------------------------------------
A U.S. bankruptcy judge approved the plan of Ginger Oil Company to
exit Chapter 11 protection.

Judge Marvin Isgur of the U.S. Bankruptcy Court for the Southern
District of Texas gave the thumbs-up to the restructuring plan
after finding that it satisfies the requirements for confirmation
under the Bankruptcy Code.

In the same filing, the bankruptcy judge also gave final approval
to the disclosure statement detailing the plan.  The disclosure
statement was conditionally approved on June 16.

Under the restructuring plan, general unsecured creditors of the
company will be paid in full in cash.  Ginger Oil proposes to pay
these creditors on the 15th day of the sixth month following the
effective date of the plan.   

A copy of the Chapter 11 plan is available for free at
https://is.gd/Jyl12G

                  About Ginger Oil Company

Ginger Oil Company, engaged in the business of oil and gas
exploration and development in Arkansas, Louisiana and Texas, filed
a Chapter 11 bankruptcy petition (Bankr. S.D. Tex. Case No.
16-30678) on Feb. 4, 2016.  The Debtor disclosed total assets of
$29.27 million and total debts of $6.47 million.  The petition was
signed by William D. Neville as resident/director.  Judge Marvin
Isgur handles the case.  Julie Mitchell Koenig, Esq., at Cooper &
Scully, PC serves as counsel to the Debtor.  U.S. Trustee Judy A.
Robbins said in Mar. 2016 that she was unable to appoint an
official creditors committee.


GLOBAL HEALTHCARE: Moody's Affirms B2 CFR, Outlook Stable
---------------------------------------------------------
Moody's Investors Service affirmed Global Healthcare Exchange,
LLC's ("GHX") B2 corporate family rating) upgraded the probability
of default rating ("PDR") to B2-PD from B3-PD, iii) upgraded the
first lien credit facilities to B1 from B2 and iv) assigned a Caa1
rating to the new second lien credit facility.  The rating outlook
is stable.

GHX's first lien term loan will be increased by $10 million to
$425.1 million, while the $25 million first lien revolver will be
unchanged and is expected to be undrawn at closing.  The new second
lien term loan credit facility will be $135 million. Proceeds from
the incremental term loan, new second lien term loan and cash on
hand at GHX will be used to fund an approximate $189 million
dividend to private equity owners Thoma Bravo.

The upgrade of the PDR and the ratings on the first lien credit
facilities reflects the addition of second lien debt to the capital
structure which will provide first-loss support in a default
scenario.

                         RATINGS RATIONALE

The B2 CFR reflects the company's limited revenue base and elevated
leverage of about 7.6x (on a Moody's adjusted basis, including
expensing all software development costs) at LTM
June 30, 2016.  Over the next 12 to 18 months Moody's expects GHX's
leverage to decline to below 7.0x.  When calculating EBITDA,
Moody's generally treats all software development costs for
software companies as an expense, including those costs that may be
capitalized in accordance with Generally Accepted Accounting
Principles ("GAAP").  Moody's adjustment for GHX to expense
capitalized software development costs was about $14.4 million for
LTM June 30, 2016.

The ratings are supported by GHX's market leading position in North
America providing SaaS based supply chain automation solutions to
the healthcare industry, facilitating B2B transactions between
suppliers, care providers and distributors. It also reflects i) a
highly visible recurring revenue stream supported by multi-year
contractual payments, ii) the strategic importance of the company's
exchange services to its healthcare supplier and provider
customers, which provides significant efficiencies and cost savings
and iii) Moody's expectation of FCF to debt to remain above 5%.

GHX has good liquidity.  Over the next 12 months Moody's expects
GHX to have cash and cash equivalents of at least $50 million and
to generate pre-dividend free cash flow of around $40 million.
Moody's also anticipates significant availability under GHX's
revolver that matures on August 13, 2020 and adequate cushion under
the financial covenants in the first and second lien credit
facilities.  The first lien term loan is anticipated to amortize
about 1% per annum, with a bullet due at maturity on Aug. 13, 2022.
The second lien term loan will not amortize and matures on Aug.
13, 2023.

The stable rating outlook reflects Moody's expectation for revenues
to grow in the low single digits, good to strong adjusted EBITDA
margins (Moody's adjusted basis) and free cash flow of at least $40
million (including the tax shield provided by prior net operating
losses) over the next 12 months.

GHX's rating could be upgraded if it demonstrates sustained
material growth in revenues, profitability and market share, such
that FCF to debt is sustained above 8% and Debt to adjusted EBITDA
(Moody's adjusted basis) declines to under 4.5x.

GHX's rating could be downgraded if leverage is sustained at 7.0x
or above, or FCF to debt is sustained below 5% or less either due
to weakening operating performance or more aggressive financial
policies.  GHX's rating could also be downgraded if it experiences
a material deterioration in liquidity.

This rating were affirmed:

Issuer -- Global Healthcare Exchange, LLC ("GHX")

  Corporate Family Rating - B2

This rating was assigned:

  Second Lien Term Loan - Caa1 (LGD6)

These ratings were upgraded:

  Probability of Default Rating - To B2-PD from B3-PD
  First Lien Revolver - To B1 (LGD3) from B2 (LGD3)
  First Lien Term Loan - To B1 (LGD3) from B2 (LGD3)

Outlook – Stable

The principal methodology used in these ratings was Business and
Consumer Service Industry published in December 2014.

Global Healthcare Exchange, LLC ("GHX"), headquartered in
Louisville, CO, is a leading North American provider of SaaS based
supply chain automation solutions to the healthcare industry,
facilitating B2B transactions between suppliers, providers and
distributors.  GHX had approximately $212 million in revenues for
LTM June 30, 2016.  Thoma Bravo owns the majority of the equity
interest in GHX, which it acquired in March 2014.


GLOBAL HEALTHCARE: S&P Affirms 'B' CCR; Outlook Remains Stable
--------------------------------------------------------------
S&P Global Ratings affirmed its 'B' corporate credit rating on
Louisville, Colo.-based Global Healthcare Exchange LLC (GHX).  The
outlook remains stable.

In addition, S&P affirmed its 'B' rating to GHX's secured first
lien credit facility, but revised S&P's recovery expectation in
this debt to '3' from '4'.  The '3' recovery rating indicates
expectations for meaningful recovery (50%-70%, lower half of the
range) in the event of a payment default.  At the same time, S&P
assigned a 'CCC+' rating to GHX's proposed second-lien term
loan.  The recovery rating on this debt is '6', indicating
expectations for negligible (0%-10%) recovery in a default.

The revision to the first-lien recovery expectations reflects S&P's
modestly revised enterprise value at default and the significant
cushion provided by the second lien.

S&P views GHX's proposed dividend as credit neutral, due to the
retirement of preferred stock that S&P treats as debt.  The
transaction is a debt-for-debt refinancing by S&P's calculations,
with an immaterial increase in adjusted leverage in S&P's forecast
for fiscal year-end 2016--though funded debt to EBITDA does
increase to 7.3x from 5.5x.  The incremental interest burden from
the added debt is not significant enough for S&P to change its view
of GHX's financial risk, given the company's solid cash flow
generation and relatively strong interest coverage metrics.  From
an operations standpoint, GHX's revenue and EBITDA continue to grow
in line with S&P's expectations.

"GHX's relatively small scale and narrow business focus on
cloud-based supply chain automation solutions to the health care
industry are mitigated by its diverse customer base and predictable
revenue stream," said S&P Global Ratings credit analyst Maryna
Kandrukhin.  S&P views the business as a service rather than one
based on a proprietary information technology platform.  While the
company processes considerable dollar volume and is a leader in
this niche, the health care Software as a Service (SaaS) market has
very few barriers to entry that would prevent a larger competitor
from expanding further into cloud-based exchange services and
providing better solutions to GHX's customers.  S&P views the
services that GHX provides as vulnerable to unforeseen shifts in
supply chain technology that could threaten the value-added
benefits of the business model.

The stable outlook reflects S&P's expectation that mid- to
high-single-digit organic revenue growth and stable margins will
result in continued free cash flow generation, despite S&P's
expectation that high leverage will persist over the next one to
two years.

S&P could lower the rating if competitive threats result in an
unexpected shortfall in contract renewals and contract price
pressures that result in margin contraction to the point that free
cash flow could drop below $5 million.  Such an occurrence could
change S&P's perception of the strength of GHX's business model and
lead S&P to revise downward its business risk assessment.  S&P sees
a downgrade related to operational missteps as unlikely, given
currently high margins that provide some downside cushion to the
rating.

Although unlikely, S&P could raise the rating if adjusted leverage
declines to less than 5x and S&P believes the company's financial
policy is committed to maintaining leverage at that level.  This
would require adjusted debt to be reduced by at least $346 million.


GO YE VILLAGE: Panel Hires Grant Thornton as Financial Advisors
---------------------------------------------------------------
The Official Committee of Unsecured Creditors of Go Ye Village,
Inc. seeks authorization from the U.S. Bankruptcy Court for the
Eastern District of Oklahoma to retain Grant Thornton, LLP as
financial advisor to the Committee.

The Committee requires Grant Thornton to:

   (a) review the Chief Restructuring Officer's draft plan and
       projections, examine for feasibility and advise the
       Committee with respect thereto, and suggest any options the

       Committee should consider; and

   (b) advise the Committee regarding alternatives for exit
       financing in connection with the Chief Restructuring
       Officer's draft plan.

Grant Thornton would charge the bankruptcy Estate of Go Ye Village
based on the amount of time required at the various levels of
responsibility using a blended hourly rate of $310 per hour, plus
actual out-of-pocket expenses, subject to a "cap" or maximum fee of
$50,000.  The "cap" may only be exceeded only upon approval of the
Committee and notice to the Office of the U.S. Trustee.

Scott B. Davis, partner of Grant Thornton, assured the Court that
the firm is a "disinterested person" as the term is defined in
Section 101(14) of the Bankruptcy Code and does not represent any
interest adverse to the Debtors and their estates.

The Grant Thornton can be reached at:

       Scott B. Davis
       GRANT THORNTON, LLP
       201 S. College Street, Suite 2500
       Charlotte, NC 28244
       Tel: (704) 632-3540
       Fax: (704) 906-9441
       E-mail: scott.davis@us.gt.com

                    About Go Ye Village

Go Ye Village, Inc., filed a Chapter 11 bankruptcy petition (Bankr.
E.D. Okla Case No. 15-81287) on Nov. 30, 2015.  The petition was
signed by Maurice D. Turney as president. The Debtor disclosed
total assets of $24.48 million and total debts of $36.18 million.
Doerner, Saunders, Daniel & Anderson, LLP, serves as the Debtor's
counsel.  Judge Tom R. Cornish is assigned to the case.

The U.S. Trustee also appointed a patient care ombudsman in the
Debtors' bankruptcy case.


GOINS WASTE OIL: Unsecureds to Recoup 10% Under Plan
----------------------------------------------------
Goins Waste Oil Company, Inc., filed with the U.S. Bankruptcy Court
for the Eastern District of Tennessee a Disclosure Statement to its
Plan of Reorganization dated July 22, 2016.

Under the Plan, Class 4 - Unsecured Claims will be paid pro rata as
cash flow permits beginning on the Effective Date, until each
creditor in the Class is paid 10% of its allowed claim.  As Class 1
is paid, that classes' payments will be made to Class 4 until the
dividend to this Class is paid.  Class 4 is impaired.

The Plan is the Debtor's comprehensive proposal for the
continuation of the Debtors business selling processed waste oil
and the restructuring of its debts.  Confirmation of the Plan will
enable the Debtor to focus on its business maximizing the return to
creditors.  The risks of the Debtor's Plan include, but are not
limited to, uncertainty as to the value of the Debtor's assets,
uncertainty of tax consequences to creditors, insufficient
acceptances, and uncertainty as to the Debtor's ability to generate
sufficient income to fund the Plan after confirmation.

The Disclosure Statement is available at:

          http://bankrupt.com/misc/tneb15-12543-145.pdf

The Plan was filed by the Debtor's counsel:

     David J. Fulton, Esq.
     701 Market Street, Suite 1000
     Chattanooga, TN 37402
     Tel: (423) 648-1880
     Fax: (423) 648-1881
     E-mail: DJF@sfglegal.com

Headquartered in Chattanooga, Tennessee, Goins Waste Oil Company,
Inc., incorporated in 1987.  Gordon Goins, Sr., and wife, Juanita
started the Debtor in March of 1952.  

The Debtor filed for Chapter 11 bankruptcy protection (Bankr. E.D.
Tenn. Case No. 15-12543) on June 16, 2015, estimating its assets at
between $1 million and $10 million and liabilities at between
$500,000 and $1 million.  The petition was signed by Gordon Goins,
Jr., president.

Judge Nicholas W. Whittenburg presides over the case.

David J. Fulton, Esq., at Scarborough & Fulton serves as the
Debtor's bankruptcy counsel.


GORAN PLEHO: Ruling on Pleho Parties Sale Claims Partly Vacated
---------------------------------------------------------------
The Intermediate Court of Appeals of Hawai'i affirmed in part, and
vacated in part, the judgment entered by the Circuit Court of the
Third Circuit on January 9, 2012 in the case captioned GORAN PLEHO,
LLC, a Hawaii Limited Liability Company (dba Resorts Limousine
Services), GORAN PLEHO, and ANA MARIA PLEHO,
Plaintiffs-Appellants/Cross-Appellees, v. DAVID W. LACY, LACY AND
JACKSON, LLLC, a Hawaii Limited Liability Law Company,
Defendants-Appellees/Cross-Appellants, and DRAGAN RNIC, JOHN DOES
1-X, JANE DOES 1-X, and DOE ENTITIES 1-X, Defendants-Appellees, No.
CAAP-12-0000025 (Haw. Ct. App.).

The appeal arose out of the sale of Resorts Limousine Services, a
limousine service located on Hawai'i Island, by Dragan Rnic to
Goran Pleho, LLC, a Hawai'i limited liability company.  David W.
Lacy provided legal representation to one or more of the parties in
the transaction and drafted the relevant documents.  Following the
sale, GPLCC, Goran Pleho, and Ana Maria Pleho, brought claims
regarding the sale against Rnic, Lacy, and Lacy's law firm, Lacy
and Jackson, LLLC, as well as legal malpractice claims against Lacy
and L&J.  GPLLC's legal malpractice claims eventually went to
trial, resulting in a jury verdict in favor of the Lacy Parties.

The Pleho Parties appealed from the judgment entered by the Circuit
Court of the Third Circuit, on January 9, 2012, in favor of Rnic
and the Lacy Parties on all claims asserted by the Pleho Parties.
The Lacy Parties cross-appealed from a July 8, 2011 order denying
the Lacy Parties' April 21, 2011 Motion in Limine No. 2, which
pertained to the trial on GPLLC's legal malpractice claims.

The appellate court affirmed in part and vacated in part the
Circuit Court's January 9, 2012 judgment.  The judgment was vacated
with respect to the following: (1) Goran and Maria's claims in
Counts II, III, VIII, and XI, for relief against the Lacy Parties
for fraud, fraud in the inducement, legal malpractice, and punitive
damages; (2) the January 9, 2012 award of attorneys' fees and costs
to the Lacy Parties, without prejudice to a renewed motion by the
Lacy Parties upon disposition of Goran and Maria's remanded claims;
and (3) the Circuit Court's ruling on Motion in Limine No. 2 and
the admission of Exhibit 27-G(7) to allow the Circuit Court, in the
first instance, to exercise its discretion on the Lacy Parties'
request for judicial estoppel.  The Circuit Court's January 9, 2012
judgment was affirmed in all other respects.

A full-text copy of the appellate court's July 29, 2016 memorandum
opinion is available at https://is.gd/O1ssvt from Leagle.com.

Plaintiffs-Appellants/Cross-Appellees are represented by:

          Peter Van Name Esser, Esq.
          400 Seven Waterfront Plaza
          500 Ala Moana Blvd
          Honolulu, HI 96813
          Tel: (808)538-3636

Defendants-Appellees/Cross-Appellants are represented by:

          Keith K. Hiraoka, Esq.
          Jodie D. Roeca, Esq.
          Norman K. Odani, Esq.
          ROECA LURIA HIRAOKA, LLP
          900 Davies Pacific Center
          841 Bishop Street
          Honolulu, HI 96813-3917
          Tel: (808)538-7500
          Fax: (808)521-9648
          Email: khiraoka@rlhlaw.com
                 jroeca@rlhlaw.com
                 nodani@rlhlaw.com

Defendant-Appellee DRAGAN RNIC  is represented by:

          Robert G. Klein, Esq.
          David J. Minkin, Esq.
          MCCORRSITON MILLER MUKAI MACKINNON
          Five Waterfront Plaza, 4th Floor
          500 Ala Moana Boulevard
          Honolulu, HI 96813
          Tel: (808)529-7300
          Fax: (808)524-8293
          Email: dminkin@m4law.com

            -- and --

          Sean Claggett, Esq.
          4101 Meadows Lane, Suite 100
          Las Vegas, NV 89107
          Tel: (702)655-2346


GUESTLOGIX INC: Unsecured Creditors' Plan Votes Due Sept. 2
-----------------------------------------------------------
A meeting of a single class of affected unsecured creditors will
beheld at the offices of PricewaterhouseCoopers Inc. at PwC Tower,
18 York Street, Suite 2600, Toronto, Ontario, on Sept. 2, 2016, at
10:00 a.m. (Toronto Time) for the purpose of considering and voting
upon the plan of compromise and arrangement filed by GuestLogix
Inc.

GuestLogix has set a date for a court hearing at 10:00 a.m.
(Toronto Time) on Sept. 8, 2016, at the Ontario Superior Court of
Justice Commercial List at 330 University Avenue, Toronto, Ontario,
at which time GuestLogix will ask the Court to approve the plan, if
the plan was approved by the requisite majorities of the affected
unsecured creditors at the meeting.

PWC can be reached at:

   PricewaterhouseCoopers Inc.
   Monitor of GuestLogix Inc.
   PwC Tower
   18 York Street, Suite 2600
   Toronto, ON M5J OB2

   Attention: Tammy Muradova
   Email: cmt_processing@ca.pwc.com
   Telephone: +1 (416) 687 8238
   Fax: +1 (416) 814 3219

                       About GuestLogix

GuestLogix -- http://www.guestlogix.com-- is a global provider of  
merchandising, payment and business intelligence technology to the
passenger travel industry, both onboard and off-board.  Both direct
to operators as well as through partnerships with global leaders in
catering, duty-free, inflight entertainment and self-service retail
experts, the Company provides the payment services touching over 1
billion travelling consumers each year.  GuestLogix' global
headquarters and centre for product innovation is located in
Toronto, with regional offices located in Dallas, London, Dublin,
Galway, Madrid and Hong Kong, and product innovation labs located
in Moncton and Krakow.


GULF CHEMICAL: Taps Rothschild & CIE as Investment Banker
---------------------------------------------------------
Gulf Chemical & Metallurgical Corporation, et al., seek authority
from the U.S. Bankruptcy Court for the Western District of
Pennsylvania to employ Rothschild &  CIE as investment banker to
the Debtors, nunc pro tunc to July 26, 2016.

Gulf Chemical requires Rothschild & CIE to:

   (a) assist the Debtors in compiling a list of potential
       purchasers to be contacted (the "Potential Purchasers");

   (b) in coordination with the Debtors, provide assistance to
       prepare an information pack on the Debtors to be
       distributed to Potential Purchasers;

   (c) identify Potential Purchasers for the Debtors;

   (d) contact the Potential Purchasers on behalf of the Debtors;

   (e) review and analyze any proposals the Debtors receive from
       Potential Purchasers in connection with a Transaction;

   (f) advise the Debtors in relation to the overall timetable of
       the disposal process and other process related matters, in
       close liaison with their legal advisers;

   (g) assist or participate in negotiations with the Potential
       Purchasers and other interested parties in connection with
       a Transaction;

   (h) advise the Debtors with respect to, and attend, meetings
       of the Debtors' Boards of Directors and other interested
       parties, as necessary;

   (i) if requested by the Debtors, participate in hearings
       before the Court and provide relevant testimony with
       respect to the matters described in the Engagement Letter
       and issues arising in connection with the Transaction; and

   (j) subject to Court approval, render such other financial
       advisory and investment banking services as may be agreed
       upon by Rothschild and the Debtors.

Rothschild & CIE will be paid these fees:

-- Gulf Monthly Fee: $50,000 per month for a maximum period of
    six months.

-- Bear Monthly Fee: $50,000 per month for a maximum period of
    six months.

-- Gulf Completion Fee: $600,000 payable upon the earlier of (i)
    the confirmation and effectiveness of a Plan related to Gulf
    and (ii) the closing of a Gulf Transaction.

-- Bear Completion Fee: $500,000 payable upon the earlier of (i)
    the confirmation and effectiveness of a Plan related to Bear
    and (ii) the closing of a Bear Transaction.

-- For the avoidance of doubt, if a Transaction involves both a
    Gulf Transaction and a Bear Transaction, then both the Gulf
    Completion Fee and the Bear Completion Fee shall be payable.

-- To the extent the Debtors request Rothschild to perform
    additional services not contemplated by the Engagement
    Letter, subject to Court approval, the Debtors shall pay
    Rothschild such additional fees as shall be mutually agreed
    upon by Rothschild and the Debtors, in writing, in advance.

-- The Debtors shall reimburse Rothschild for its reasonable
    expenses incurred in connection with the performance of its
    engagement, including, without limitation, the reasonable
    fees of Rothschild's outside counsel.  Reasonable expenses
    shall also include, but not be limited to, expenses incurred
    in connection with travel and lodging, data processing and
    communication charges, research and courier services.

Rothschild & CIE will also be reimbursed for reasonable
out-of-pocket expenses incurred.

Guillaume Vigneras, member of Rothschild & CIE, assured the Court
that the firm is a "disinterested person" as the term is defined in
Section 101(14) of the Bankruptcy Code and does not represent any
interest adverse to the Debtors and their estates.

Prior to the Petition Date, in late 2015 and early 2016, Rothschild
provided investment banking services in connection with marketing
the Debtors' equity in hopes of commencing a stock sale.  Because
the proposed sale was of the Debtors' equity, Comilog Holdings,
Gulf's parent company and Bear's indirect parent company, retained
Rothschild to represent Comilog in the proposed out-of-court sale
of the Debtors' equity.

The Debtors now seek to have Rothschild continue in its investment
banker capacities during the pendency of the Debtors' chapter 11
cases to assist with the sale of the Debtors' assets, as outlined
in the Engagement Letter, dated July 26, 2016, by and between the
Debtors and Rothschild.

In accordance with the Engagement Letter, Rothschild will now work
on behalf of the Debtors, not Comilog.  On July 26, 2016,
Rothschild terminated its engagement letter with Comilog.

The Comilog engagement letter contains a customary "fee tail"
provision that survived termination and provides for payment of
certain fees to Rothschild if, after termination of the Comilog
engagement letter, the transactions contemplated by the engagement
letter are consummated within a certain time period. Rothschild has
informed the Debtors that it has agreed to waive the "fee tail"
provision included in the Comilog engagement letter upon approval
by the Court of Rothschild's retention in these chapter 11 cases.
In addition, it is agreed that in absence of approval by the Court
of the terms of the Debtors engagement letter, the Comilog
engagement will re-enter into force until its initial expiry date.


Rothschild & Cie can be reached at:

     Guillaume Vigneras
     ROTHSCHILD & CIE
     23 Avenue de Messine
     75008 Paris
     Tel: +33 (0)1 40 74 40 74

            About Bear Metallurgical and Gulf Chemical

Bear Metallurgical Co. and Gulf Chemical & Metallurgical Corp.
filed chapter 11 petitions (Bankr. W. D. Pa. Lead Case No.
16-22192) on June 14, 2016.

The petitions were signed by Eric Caridroit, chief executive
officer. The cases are assigned to Judge Jeffery A. Deller.

At the time of the filing, Bear Metallurgical estimated assets and
debts to be between $1 million and $10 million.  Gulf Chemical
estimated assets and debts to be between $100 million and $500
million.

The Office of the United States Trustee appointed an official
committee of unsecured creditors on June 30, 2016.  The Committee
retained Fox Rothschild LLP and Lowenstein Sandler LLP as counsel;
and Province, Inc. as financial advisor.

Counsel for Comilog Holdings, Gulf's parent company and Bear's
indirect parent company:

     John M. Steiner, Esq.
     Patrick W. Carothers, Esq.
     LEECH TISHMAN FUSCALDO & LAMPL, LLC
     525 William Penn Place, 28th Floor
     Pittsburgh, PA 15219
     E-mail: jsteiner@leechtishman.com
             pcarothers@leechtishman.com


GULF COAST: Wells Fargo Seeks to Block Approval of Plan Outline
---------------------------------------------------------------
Secured creditor Wells Fargo Bank N.A. filed with the U.S.
Bankruptcy Court for the Northern District of Florida an objection
to GulfCoast Specialty Products & Services, Inc.'s amended
disclosure statement and amended plan of reorganization dated July
16, 2016.

As reported by the Troubled Company Reporter on Aug. 8, 2016, the
Debtor filed with the Court its proposed plan to exit Chapter 11
protection.  Under the restructuring plan, Class 3 general
unsecured creditors will receive their pro rata share of a monthly
payment of $5,000 at 5.1% for a period of 10 years starting Jan.
25, 2017, according to the disclosure statement detailing the
plan.

Wells Fargo says that the Amended Disclosure Statement fails to
provide adequate information of a kind that would enable a
hypothetical investor "to make an informed judgment about the Plan"
in that:

     a. the Amended Disclosure Statement does not sufficiently
        describe the Debtor's efforts and abilities to relocate
        its operations.  It appears that the Debtor's success is
        founded upon a physical relocation and purported savings
        in rent and debt service.  The Disclosure Statement wholly

        fails to adequately address this keystone of its
        reorganization plan;

     b. the Disclosure Statement states that the Debtor will be
        managed by its existing principal, Wayne Bernheisel, "who  
      
        shall not receive compensation for this management."  The
        "Disclosure Statement fails to explain how its management
        can operate and manage the Debtor for no pay;

     c. the Amended Disclosure Statement provides that existing
        equity will remain as equityholders of the reorganized
        Debtor.  If the Debtor's intention is for the existing
        equityholder to become the equityholder of the reorganized

        Debtor, then the Amended Disclosure Statement is
        inadequate in that it fails to demonstrate any proposed,
        substantial new value necessary to satisfy the Absolute
        Priority Rule;

     d. the Amended Disclosure Statement fails to adequately
        explain the discharge injunction that seeks to discharge
        the balance of the unpaid unsecured claims at the end of
        the payment period of the Plan; and

     e. the Amended Disclosure Statement fails to provide any
        justification, in law or equity, for the third party
        releases it seeks against the guarantors of the Wells
        Fargo debt.  The Amended Disclosure Statement fails to
        adequately explain why certain individuals, who are
        non-debtors, are entitled to a discharge or injunctive
        relief barring Wells Fargo from pursuing them in a state
        court action.

Wells Fargo claims that the Amended Plan:

     a. does not comply with Section 1129(a)(3), which provides
        that the plan must have been proposed in good faith.  The
        proposed modification of the terms of the loan is ill-
        conceived, and far too hypothetical to be considered
        feasible, by the very terms of the Debtor's proposed Plan.

        The Debtor has similarly failed to satisfy its burden or
        even make a prima face showing that its proposed plan will

        not likely be followed by liquidation or further
        reorganization as required by Section 1129(a)(l1).  
        Specifically, the proposed Plan effectively attempts to
        create an unreasonable short term rental to enable the
        Debtor to continue to occupy Wells Fargo's collateral, but

        then, at the same time, concedes in Section 2.01(b), that,

        should the Debtor fail to secure an adequate alternative
        location to operate out of within 6 months after
        confirmation, it will GBP11219 convert or dismiss its
        bankruptcy case;

     b. further grossly overreaches, and fails the good faith test

        in that it seeks an injunction and discharge of debt of
        non-debtors.  That is, the Plan seeks to prohibit Wells
        Fargo from pursuing the non-debtor guarantors from an
        estimated $1 million deficiency.  Indeed, the Debtors'
        entire plan still appears premised not on what is in the
        best interests of creditors, but conversely, on the
        overall objective of aiding and facilitating the insiders
        in (i) retaining control of and the equity ownership in
        the reorganized debtor without providing the "substantial
        new value" required by the Absolute Priority Rule, and at
        the same time, (ii) shielding themselves from their
        personal liability to Wells Fargo on their guaranties.
        Such a blatant effort to place the interests of the
        insiders above the interests of the Debtors' creditors,
        demonstrates a complete lack of good faith and abuse of
        the purpose, letter and spirit of Chapter 11 and plan
        confirmation requirements.

     c. does not comply with Section 1129(a)(8), which provides
        that, with respect to each class of claims or interests,
        the class has accepted the plan or the class is not
        impaired under the plan.  With respect to its claims
        constituting Classes 1 and 4, contemporaneous with the
        filing of this objection, Wells Fargo voted to reject the
        Amended Plan (and is impaired under same).  Although the
        amount of any unsecured claim has not been conclusively
        Determined by the Court, it is clear from the Debtor's own

        judicial admissions in its bankruptcy filings, that the
        amount of Wells Fargo's unsecured claim would affect the
        vote of the unsecured class;

     d. does not comply with Section 1129(a)(11), as it does not
        contain a feasibility analysis or financial projections
        sufficient to show that the Amended Plan is not likely to
        be followed by the liquidation, or the need for further
        financial reorganization, of the Debtor.  According to the

        Amended Disclosure Statement, the Amended Plan is to be
        funded by continued operations of the Debtor.  The Debtor
        addresses the potential impact on its ability to fund the
        Plan if the Debtor has not obtained a new physical plant
        location, by simply stating it will move to convert or
        dismiss if it is unsuccessful.  The Debtor fails to
        explain its inability to relocate in the 10 months it has
        already been in this bankruptcy case; and

     e. is problematic, given that: (a) the Plan proposes that the

        existing shareholder and officer of the Debtor will
        continue to manage the reorganized Debtor after
        confirmation, and (b) no new value is being given or
        disclosed.  The only reasonable assumption is that the
        Debtor and its current equity holders are attempting to
        circumvent the Absolute Priority Rule by simply ignoring
        and evading this mandatory disclosure requirement and
        substantial new value funding requirement.  The conduct
        constitutes a plan that is not proposed in good faith.

Wells Fargo is represented by:

     Kenneth B. Jacobs, Esq.
     Jason B. Burnett, Esq.
     GRAYROBINSON, P.A.
     50 North Laura Street, Suite 1100
     Jacksonville, FL 32202
     Tel: (904) 598-9929
     Fax: (904) 598-9109
     E-mail: ken.jacobs@gray-robinson.com
             Jason.Burnett@gray-robinson.com

                    About GulfCoast Specialty

GulfCoast Specialty Products & Services, Inc., sought protection
under Chapter 11 of the Bankruptcy Code (Bankr. N. D. Fla. Case
No.
15-31056) on Oct. 19, 2015.  The petition was signed by Wayne A.
Bernheisel, president.  

At the time of the filing, the Debtor estimated its assets at
$100,000 to $500,000 and debts at $1 million to $10 million.


H&J ALAMO: Plan Confirmation Hearing Set for Sept. 15
-----------------------------------------------------
The Hon. H. Christopher Mott of the U.S. Bankruptcy Court for the
Western District of Texas has conditionally approved the disclosure
statement filed by H&J Alamo Auto Glass, Inc., dba Alamo Auto
Glass.

A hearing on final approval of the Disclosure Statement and
confirmation of the Plan is set for Sept. 15, 2016, at 10:00 a.m.
(MT).

The Debtor filed its First Amended Disclosure Statement on July 22,
2016.

Under the Plan, the Debtor will pay holders of Class 5 - General
Unsecured Claims 100% over six years without interest.  Payments
will be made in the combined amount of $2,229.98 per month starting
on the 15th day of the first full month following the Effective
Date with like payments to be on the 15th day of each succeeding
month thereafter for a total of 72 months.  All payments will be
shared pro rata among the Class 5 creditors.  This Class is
Impaired.

The Plan is based on the future earnings of the Debtor.

Aug. 22, 2016, at 5:00 p.m. (MT) is fixed as the last day for
filing and serving objections to final approval of the Disclosure
Statement.  Aug. 22 is also fixed as the last day for submitting
ballots for acceptance or rejection of the Plan and the last day
for filing and serving written objections to confirmation of the
Plan.

By Aug. 30, 2016, counsel for the Debtor will file with the Court:
(a) a ballot summary in the form required by Local Bankruptcy Rule
3018(b) with a copy of the ballots; and (b) a memorandum of legal
authorities addressing any objections filed to the Plan.

The First Amended Disclosure Statement is available at:

             http://bankrupt.com/misc/txwb15-31917-49.pdf

The Plan was filed by the Debtor's counsel:

     Carlos A. Miranda III, Esq.
     Gabe Perez, Esq.
     MIRANDA & MALDONADO, P.C.
     5915 Silver Springs, Building 7
     El Paso, TX 79912
     Tel: (915) 587-5000
     Fax: (915) 587-5001
     E-mail: cmiranda@mirandafirm.com
             gperez@mirandafirm.com

H&J Alamo Auto Glass, Inc., filed for Chapter 11 bankruptcy
protection (Bankr. W.D. Tex. Case No. 15-31917) on Dec. 4, 2015.
Carlos A. Miranda, III, Esq., Miranda & Maldonado, P.C., serves as
the Debtor's counsel.


H&M REAL ESTATE: Hires Adler Law as Attorney
--------------------------------------------
H&M Real Estate Holdings, LLC seeks authorization from the U.S.
Bankruptcy Court for the District of South Carolina to employ F.
Miles Adler of Adler Law Firm, LLC as attorney.

The Debtor requires Adler Law to:

   (a) give the Debtor legal advice with respect to its powers and

       duties as debtor in possession in the continued operation
       of its property and its business;

   (b) proceed with necessary actions to pursue all claims which
       the Debtor in possession may have;

   (c) review and prepare on behalf of the Debtor necessary
       applications, motions, adversary proceedings, answers,
       orders, reports, plans, disclosure statements, objections
       and other legal papers; and

   (d) perform all other legal services for the Debtor which may
       be necessary.

Adler Law will be paid at these hourly rates:

       F. Miles Adler              $275
       Paralegal/Legal Assistant   $75
   
Adler Law will also be reimbursed for reasonable out-of-pocket
expenses incurred.

Adler Law was paid prepetition a general retainer fee of $12,500 in
July 2016. Mr. Adler was also paid $1,717 to be applied to the
Chapter 11 petition filing fee.  $0 remains as a general retainer.

Mr. Adler assured the Court that the firm is a "disinterested
person" as the term is defined in Section 101(14) of the Bankruptcy
Code and does not represent any interest adverse to the Debtors and
their estates.

Adler Law can be reached at:

       F. Miles Adler, Esq.
       ADLER LAW FIRM, LLC
       P.O. Box 4743
       Pawleys Island, SC 29585
       Tel: (843) 314-3204

                      About H&M Real Estate

H&M Real Estate Holdings, LLC, based in Columbia, S.C., filed a
Chapter 11 petition (Bankr. D. S.C. Case No. 16-03832) on July 29,
2016.  Frederick M. Adler, Esq. of Adler Law Firm, LLC as
bankruptcy counsel.

In its petition, the Debtor indicated $3.89 million in total assets
and $3.77 million in total liabilities.  The petition was signed by
Mitchell B. Mcguirt, authorized signatory.



H&S BUSINESS: Plan Confirmation Hearing on Sept. 8
--------------------------------------------------
A U.S. bankruptcy judge will consider approval of the Chapter 11
plan of reorganization of H & S Business LLC at a hearing on
September 8.

Judge Brenda Rhoades of the U.S. Bankruptcy Court for the Eastern
District of Texas will hold the hearing at 11:30 a.m., at the Plano
Bankruptcy Courtroom, Third Floor, 660 N. Central Expressway,
Plano, Texas.

The bankruptcy judge will also consider at the hearing the final
approval of the company's disclosure statement, which she
conditionally approved on July 28.

The court order set a September 6 deadline for creditors to cast
their votes and a September 2 deadline for filing their objections
to the plan.

                        About H&S Business

H&S Business LLC operates a convenience store and gasoline station
located in Gordonvile, Texas.  The company sought Chapter 11
protection (Bankr. E.D. Tex. Case No. 16-40992) on June 6, 2016.


HALCON RESOURCES: Hires Alvarez & Marsal as Financial Advisors
--------------------------------------------------------------
Halcon Resources Corporation, et al., seek authority from the U.S.
Bankruptcy Court for the District of Delaware to employ Alvarez &
Marsal North America, LLC, together with employees of its
affiliates, its wholly owned subsidiaries, and independent
contractors, to serve as financial advisors, nunc pro tunc to the
July 27, 2016 petition date.

Alvarez & Marsal will provide restructuring support services as
Alvarez & Marsal and the Debtors deem appropriate and feasible to
manage and advise the Debtors in the course of these chapter 11
cases, including:

   (a) assisting in preparation of the Debtors' financial
       information, including cash flow projections and budgets,
       cash receipts and disbursement analysis and analysis of
       various asset and liability accounts;

   (b) assisting with the sizing of the Debtors' interim and final

       cash needs in connection with a restructuring, including in

       connection with these chapter 11 cases;

   (c) assisting in preparation of a hypothetical chapter 7
       liquidation analysis;

   (d) assisting in preparation of information and analysis
       necessary for a plan of reorganization, including
       information contained in any disclosure statement or any
       schedules, exhibits or related documents;

   (e) assisting in preparation of information and analysis
       necessary for certain motions in connection with these
       chapter 11 cases;

   (f) attending meetings and providing support in discussions
       with potential investors, banks, and other secured lenders,

       organized unsecured lenders, other parties in interest and
       professionals hire by same; and

   (g) rendering other general business consulting or such
       other assistance the Debtors' deem necessary consistent
       with the role of a financial advisor to the extent that it
       would not be duplicative of services provided by other
       professionals in these chapter 11 cases.

Alvarez & Marsal will be paid by the Debtors for the services of
the Alvarez & Marsal Professionals at these customary hourly
billing rates:

       Restructuring Advisory
       ----------------------
       Managing Directors             $775-$955
       Directors                      $600-$750
       Analysts/Associates            $375-$575

       Claims Management
       -----------------
       Managing Directors             $675-$775
       Directors                      $500-$650
       Analysts/Consultants           $325-$500

Alvarez & Marsal will also be reimbursed for reasonable
out-of-pocket expenses incurred.

Alvarez & Marsal received $50,000 as a retainer in connection with
preparing for and conducting the filing of these chapter 11 cases,
as described in the Supplemental Engagement Letter. In the 90 days
prior to the Petition Date, Alvarez & Marsal received retainers and
payments totaling $819,344.95 in the aggregate for services
performed for the Debtors. The unapplied residual retainer, which
is estimated to total approximately $49,105, will not be segregated
by Alvarez & Marsal in a separate account, and will be held until
the end of these chapter 11 cases and applied to Alvarez & Marsal's
finally approved fees in these proceedings.

Edgar W. Mosley, managing director of Alvarez & Marsal, assured the
Court that the firm is a "disinterested person" as the term is
defined in Section 101(14) of the Bankruptcy Code and does not
represent any interest adverse to the Debtors and their estates.

The Bankruptcy Court will hold a hearing on the application on
August 23, 2016, at 10:00 a.m.  Objections, if any, are due August
16, 2016, at 4:00 p.m.

Alvarez & Marsal can be reached at:

       Edgar W. Mosley
       ALVAREZ & MARSAL
       NORTH AMERICA, LLC
       700 Louisiana Street, Suite 900
       Houston, TX 77002
       Tel: (214) 438-8481
       E-mail: emosley@alvarezandmarsal.com

                     About Halcon Resources

Halcon Resources Corporation is an independent energy company
engaged in the acquisition, production, exploration and development
of onshore oil and natural gas properties in the United States.

Halcon Resources and 21 of its subsidiaries each filed a voluntary
petition under Chapter 11 of the Bankruptcy Code (Bankr. D. Del.
Case Nos. 16-11724 through 16-11745) on July 27, 2016.  The
petitions were signed by Stephen W. Herod as president.  The
Debtors listed assets of $2.84 billion and debts of $3.14 billion
as of March 31, 2016.

The Debtors have hired Young Conaway Stargatt & Taylor, LLP and
Weil, Gotshal & Manges LLP as co-counsel; PJT Partners LP as
investment banker; Alvarez & Marsal North America, LLC as
restructuring advisor; and Epiq Bankruptcy Solutions, LLC as
claims, noticing and solicitation agent.


HALCON RESOURCES: Hires PJT Partners as Investment Banker
---------------------------------------------------------
Halcon Resources Corporation, et al., seek authority from the U.S.
Bankruptcy Court for the District of Delaware to employ PJT
Partners LP as investment banker, nunc pro tunc to the July 27,
2016 petition date.

The Debtors require PJT Partners to:

   (a) assist in the evaluation of the Debtors' businesses and
       prospects;

   (b) assist in the development of the Debtors' long-term
       business plan and related financial projections;

   (c) assist in the development of financial data and
       presentations to Holding's Board of Directors, various
       creditors and other third parties;

   (d) analyze the Debtors' financial liquidity and evaluate
       alternatives to improve such liquidity;

   (e) analyze various restructuring scenarios and the potential
       impact of these scenarios on the recoveries of those
       stakeholders impacted by the Restructuring;

   (f) provide strategic advice with regard to restructuring or
       refinancing the Debtors' Obligations;

   (g) evaluate the Debtors' debt capacity and alternative capital

       structures;

   (h) participate in negotiations among the Debtors and their
       creditors, suppliers, lessors and other interested parties;

   (i) value securities offered by the Debtors in connection with
       a Restructuring;

   (j) advise the Debtors and negotiate with lenders with respect
       to potential waivers or amendments of various credit
       facilities;

   (k) assist in arranging financing for the Debtors, as
       requested;

   (l) perform and provide a valuation of the Debtors;

   (m) provide expert witness testimony concerning any of the
       subjects encompassed by the other investment banking
       services; and

   (n) provide other advisory services as are customarily
       provided in connection with the analysis and negotiation of

       a Restructuring, as requested and mutually agreed.

The Debtors have agreed to pay PJT during the Chapter 11 Cases
according to these terms:

   -- Monthly Fees: The Debtors shall pay PJT a monthly
      advisory fee in the amount of $175,000 per month, in cash,
      with the first Monthly Fee payable upon the execution of the

      Engagement Agreement by both parties and additional
      installments of such Monthly Fee payable in advance on each
      monthly anniversary of the Effective Date.

   -- Restructuring Fee: The Debtors shall pay a restructuring
      fee equal to $10,000,000. The Restructuring Fee will be
      earned and payable, in immediately available funds, on
      consummation of the Restructuring.

   -- Capital Raising Fee: The Debtors shall pay PJT a capital
      raising fee for any financing arranged by PJT, at the
      Debtors' written request, earned and payable upon receipt of

      a binding commitment letter. If access to the financing is
      limited by orders of the Court, a proportionate fee shall be

      payable with respect to each available commitment. The
      Capital Raising Fee will be mutually agreed by PJT and the
      Debtors.

   -- Expense Reimbursements: The Debtors agree to reimburse all
      reasonable documented out-of-pocket expenses incurred
      during this engagement, including, but not limited to,
      travel and lodging, direct identifiable data processing,
      document production, publishing services and communication
      charges, courier services, working meals, reasonable
      documented fees and expenses of PJT's external legal counsel

      and other necessary expenditures, payable upon rendition of
      invoices setting forth in reasonable detail the nature and
      amount of such expenses. In connection therewith, the
      Debtors shall pay PJT on the Effective Date and maintain
      thereafter a $100,000 expense advance for which PJT shall
      account upon termination of the Engagement Agreement.

Timothy R. Coleman, senior managing director PJT Partners, assured
the Court that the firm is a "disinterested person" as the term is
defined in Section 101(14) of the Bankruptcy Code and does not
represent any interest adverse to the Debtors and their estates.

The Bankruptcy Court will hold a hearing on the application on
August 23, 2016, at 10:00 a.m.  Objections, if any, are due August
16, 2016, at 4:00 p.m.

PJT Partners can be reached at:

       Timothy R. Coleman
       PJT PARTNERS LP
       280 Park Avenue
       New York, NY 10017
       Tel: (212) 364-1991
       E-mail: coleman@pjtpartners.com

                     About Halcon Resources

Halcon Resources Corporation is an independent energy company
engaged in the acquisition, production, exploration and development
of onshore oil and natural gas properties in the United States.

Halcon Resources and 21 of its subsidiaries each filed a voluntary
petition under Chapter 11 of the Bankruptcy Code (Bankr. D. Del.
Case Nos. 16-11724 through 16-11745) on July 27, 2016.  The
petitions were signed by Stephen W. Herod as president.  The
Debtors listed assets of $2.84 billion and debts of $3.14 billion
as of March 31, 2016.

The Debtors have hired Young Conaway Stargatt & Taylor, LLP and
Weil, Gotshal & Manges LLP as co-counsel; PJT Partners LP as
investment banker; Alvarez & Marsal North America, LLC as
restructuring advisor; and Epiq Bankruptcy Solutions, LLC as
claims, noticing and solicitation agent.


HALCON RESOURCES: Hires Weil Gotshal as Attorneys
-------------------------------------------------
Halcon Resources Corporation, et al., seek authority from the U.S.
Bankruptcy Court for the District of Delaware to employ Weil,
Gotshal & Manges LLP as attorneys, nunc pro tunc to the July 27,
2016 petition date.

The Debtors require Weil Gotshal to:

   (a) take all necessary action to protect and preserve the
       Debtors' estates, including the prosecution of actions on
       the Debtors' behalf, the defense of any actions commenced
       against the Debtors, the negotiation of disputes in which
       the Debtors are involved and the preparation of objections
       to claims filed against the Debtors' estates;

   (b) prepare on behalf of the Debtors, as debtors in possession,

       all necessary motions, applications, answers, orders,
       reports and other papers in connection with the
       administration of the Debtors' estates;

   (c) take all necessary actions in connection with any chapter
       11 plan and related disclosure statement and all related
       documents, and such further actions as may be required in
       connection with the administration of the Debtors' estates;

   (d) take all necessary action to protect and preserve the value

       of the Debtors' estates, including advising with respect to

       the Debtors' affiliates in the United States and abroad and

       all related matters; and

   (e) perform all other necessary legal services in connection
       with the prosecution of these chapter 11 cases.

Weil Gotshal will be paid at these hourly rates:

       Members and Counsel       $910-$1,350
       Associates                $490-$885
       Paraprofessionals         $210-$350

Weil Gotshal will also be reimbursed for reasonable out-of-pocket
expenses incurred.

Weil Gotshal received payments and advances totaling approximately
$3 million for professional services performed and to be performed,
including the commencement and prosecution of these chapter 11
cases.  Weil Gotshal has a remaining credit balance in favor of the
Debtors for future professional services to be performed, and
expenses to be incurred, in connection with these chapter 11 cases
of $107,585.57.  Weil Gotshal intends to apply the Fee Advance to
any outstanding amounts relating to the period prior to the
Petition Date that were not processed through Weil's billing system
as of the Petition Date. Weil intends to retain the balance on
account of services rendered and expenses incurred subsequent to
the Petition Date.

Joseph H. Smolinsky, Esq., member of Weil Gotshal, assured the
Court that the firm is a "disinterested person" as the term is
defined in Section 101(14) of the Bankruptcy Code and does not
represent any interest adverse to the Debtors and their estates.

The Bankruptcy Court will hold a hearing on the application on
August 23, 2016, at 10:00 a.m.  Objections, if any, are due August
16, 2016, at 4:00 p.m.

Weil Gotshal can be reached at:

       Joseph H. Smolinsky, Esq.
       WEIL, GOTSHAL & MANGES LLP
       767 Fifth Avenue
       New York, NY 10153
       Tel: (212) 310-8000
       Fax: (212) 310-8007
       E-mail: joseph.smolinsky@weil.com

                     About Halcon Resources

Halcon Resources Corporation is an independent energy company
engaged in the acquisition, production, exploration and development
of onshore oil and natural gas properties in the United States.

Halcon Resources and 21 of its subsidiaries each filed a voluntary
petition under Chapter 11 of the Bankruptcy Code (Bankr. D. Del.
Case Nos. 16-11724 through 16-11745) on July 27, 2016.  The
petitions were signed by Stephen W. Herod as president.  The
Debtors listed assets of $2.84 billion and debts of $3.14 billion
as of March 31, 2016.

The Debtors have hired Young Conaway Stargatt & Taylor, LLP and
Weil, Gotshal & Manges LLP as co-counsel; PJT Partners LP as
investment banker; Alvarez & Marsal North America, LLC as
restructuring advisor; and Epiq Bankruptcy Solutions, LLC as
claims, noticing and solicitation agent.


HALCON RESOURCES: Hires Young Conaway as Bankruptcy Co-counsel
--------------------------------------------------------------
Halcon Resources Corporation, et al., seek authority from the U.S.
Bankruptcy Court for the District of Delaware to employ Young
Conaway Stargatt & Taylor, LLP as bankruptcy co-counsel, effective
July 27, 2016 petition date.

The professional services that Young Conaway will render to the
Debtors include, but shall not be limited to:

   (a) providing legal advice with respect to the Debtors' powers
       and duties as debtors in possession in the continued
       operation of their business, management of their
       properties, and the potential sale of their assets;

   (b) preparing and pursuing confirmation of a plan and approval
       of a disclosure statement;

   (c) preparing, on behalf of the Debtors, necessary
       applications, motions, answers, orders, reports, and other
       legal papers;

   (d) appearing in Court and protecting the interests of the
       Debtors before the Court; and

   (e) performing all other legal services for the Debtors that
       may be necessary and proper in these proceedings.

Young Conaway will be paid at these hourly rates:

       Robert S. Brady             $850
       Michael R. Nestor           $780
       Patrick A. Jackson          $515
       Jaime Luton Chapman         $505
       Debbie Laskin, paralegal    $265

Young Conaway will also be reimbursed for reasonable out-of-pocket
expenses incurred.

Young Conaway received a retainer in the amount of $50,000 on July
13, 2016, in connection with the planning and preparation of
initial documents and the Firm's proposed postpetition
representation of the Debtors.  On July 26, 2016, Young Conaway
applied certain amounts from the Retainer for services performed
prior to the Petition Date.  On July 27, 2016, Young Conaway
received $37,774 as advanced payment for chapter 11 filing fees and
$46,384.40 to replenish the Retainer.  A portion of the Retainer
will be applied to any outstanding balances existing as of the
Petition Date.  The remainder will constitute a general retainer as
security for postpetition services and expenses.

Robert S. Brady, partner of Young Conaway, assured the Court that
the firm is a "disinterested person" as the term is defined in
Section 101(14) of the Bankruptcy Code and does not represent any
interest adverse to the Debtors and their estates.

Consistent with the U.S. Trustee's Appendix B Guidelines for
Reviewing Applications for Compensation and Reimbursement of
Expenses Filed Under 11 U.S.C. section 330 by Attorneys in Larger
Chapter 11 Cases, which became effective on November 1, 2013, Young
Conaway states:

   -- Young Conaway has not agreed to a variation of its standard
      or customary billing arrangements for this engagement;

   -- None of the Firm's professionals included in this engagement

      have varied their rate based on the geographic location of
      these chapter 11 cases;

   -- Young Conaway was retained by the Debtors pursuant to an
      engagement agreement dated April 21, 2016. The billing rates

      and material terms of the prepetition engagement are the
      same as the rates and terms described in the Application;
      and

   -- The Debtors have approved or will be approving a prospective

      budget and staffing plan for Young Conaway's engagement for
      the postpetition period as appropriate. In accordance with
      the U.S. Trustee Guidelines, the budget may be amended as
      necessary to reflect changed or unanticipated developments.

The Bankruptcy Court will hold a hearing on the application on
August 23, 2016, at 10:00 a.m.  Objections, if any, are due August
16, 2016, at 4:00 p.m.

Young Conaway can be reached at:

       Robert S. Brady, Esq.
       YOUNG CONAWAY STARGATT & TAYLOR, LLP
       Rodney Square
       1000 North King Street
       Wilmington, DE 19801
       Tel: (302) 571-6600
       Fax: (302) 571-1253

                     About Halcon Resources

Halcon Resources Corporation is an independent energy company
engaged in the acquisition, production, exploration and development
of onshore oil and natural gas properties in the United States.

Halcon Resources and 21 of its subsidiaries each filed a voluntary
petition under Chapter 11 of the Bankruptcy Code (Bankr. D. Del.
Case Nos. 16-11724 through 16-11745) on July 27, 2016.  The
petitions were signed by Stephen W. Herod as president.  The
Debtors listed assets of $2.84 billion and debts of $3.14 billion
as of March 31, 2016.

The Debtors have hired Young Conaway Stargatt & Taylor, LLP and
Weil, Gotshal & Manges LLP as co-counsel; PJT Partners LP as
investment banker; Alvarez & Marsal North America, LLC as
restructuring advisor; and Epiq Bankruptcy Solutions, LLC as
claims, noticing and solicitation agent.


HALCON RESOURCES: Taps Epiq as Administrative Agent
---------------------------------------------------
Halcon Resources Corporation, et al., seek authority from the U.S.
Bankruptcy Court for the District of Delaware to employ Epiq
Bankruptcy Solutions, LLC as administrative agent, nunc pro tunc to
the July 27, 2016 petition date.

The Debtors propose that Epiq provide certain professional services
that may be outside of the scope of 28 U.S.C. section 156(c),
including, without limitation:

   (a) assisting with, among other things, solicitation,
       balloting, tabulation, and calculation of votes, as well as

       preparing any appropriate reports, as required in
       furtherance of confirmation of any chapter 11 plan;

   (b) generating an official ballot certification and testifying,

       if necessary, in support of the ballot tabulation results
       for any chapter 11 plan;

   (c) providing a confidential data room;

   (d) to the extent necessary, assisting with preparation of the
       Debtors' schedules of assets and liabilities and statements

       of financial affairs;

   (e) generating, providing, and assisting with claims
       objections, exhibits, claims reconciliation and related
       matters;

   (f) managing any distributions pursuant to any confirmed
       Chapter 11 plan; and

   (g) providing such other claims processing, noticing,
       solicitation, balloting, rights offering, and
       administrative services described in the Services
       Agreement, but not included in the Section 156(c)
       Application, as may be requested by the Debtors from time
       to time.

Epiq will be paid at these hourly rates:

       Clerical/Administrative Support      $25-$45
       Case Manager                         $50-$80
       IT/Programming                       $65-$100
       Sr. Case Manager/
       Dir. of Case Management              $75-$150
       Consultant/Senior Consultant         $145-$185
       Director/
       Vice President Consulting            $190
       Executive Vice
       President-Solicitation               $200
       Executive Vice
       President-Consulting                 $200

Epiq will also be reimbursed for reasonable out-of-pocket expenses
incurred.

Prior to the Petition Date, the Debtors provided Epiq a retainer in
the amount of $25,000. Epiq will hold the retainer under the
Services Agreement during these chapter 11 cases as security for
the payment of fees and expenses incurred pursuant to the Services
Agreement. Following termination of the Services Agreement, Epiq
will return to the Debtors any amount of the retainer that
remains.

James Katchadurian, executive vice president, Bankruptcy Solutions
of Epiq, assured the Court that the firm is a "disinterested
person" as the term is defined in Section 101(14) of the Bankruptcy
Code and does not represent any interest adverse to the Debtors and
their estates.

The Bankruptcy Court will hold a hearing on the application on
August 23, 2016, at 10:00 a.m.  Objections, if any, are due August
16, 2016, at 4:00 p.m.

Epiq can be reached at:

       Pamela Corrie
       EPIQ BANKRUPTCY SOLUTIONS, LLC
       777 Third Avenue, Third Floor
       New York, NY 10017

                     About Halcon Resources

Halcon Resources Corporation is an independent energy company
engaged in the acquisition, production, exploration and development
of onshore oil and natural gas properties in the United States.

Halcon Resources and 21 of its subsidiaries each filed a voluntary
petition under Chapter 11 of the Bankruptcy Code (Bankr. D. Del.
Case Nos. 16-11724 through 16-11745) on July 27, 2016.  The
petitions were signed by Stephen W. Herod as president.  The
Debtors listed assets of $2.84 billion and debts of $3.14 billion
as of March 31, 2016.

The Debtors have hired Young Conaway Stargatt & Taylor, LLP and
Weil, Gotshal & Manges LLP as co-counsel; PJT Partners LP as
investment banker; Alvarez & Marsal North America, LLC as
restructuring advisor; and Epiq Bankruptcy Solutions, LLC as
claims, noticing and solicitation agent.


HALCON RESOURCES: Taps Ernst & Young as Valuation Service Provider
------------------------------------------------------------------
Halcon Resources Corporation, et al., seek authority from the U.S.
Bankruptcy Court for the District of Delaware to employ Ernst &
Young LLP to provide restructuring advisory, tax and valuation
services, nunc pro tunc to the July 27, 2016 petition date.

The Debtors require Ernst & Young to provide:

  A. Restructuring Advisory Services

  -- advise and assist the Debtors and their legal counsel with
     bankruptcy preparation including, but not limited to first
     day motions, creditor matrix, communication plans and related

     filing materials;

  -- to the extent necessary, assist with the preparation of the
     Schedule of Financial Affairs (SOFAs) and the Statements of
     Assets and Liabilities (SOALs), if necessary;

  -- to the extent necessary, advise management with respect to
     the form and content of the Monthly Operating Reports
     developed by management for submission to the courts;

  -- to the extent necessary, advise and assist with other post-
     filing reporting and disclosures;

  -- assist with reporting to and liaising with creditors;

  -- to the extent necessary, advise and assist with the claims
     analysis and resolution process; and

  -- provide additional assistance as requested by the Debtors and

     agreed to by Ernst & Young.

  B. Tax Services

  -- understand and advise on the tax implication of
     reorganization and/or restructuring alternatives; and

  -- provide other tax-related services in the following
     categories, as set forth in further detail in the Engagement
     Letters: (1) Tax Provision Assistance; (2) 2015 Federal Tax
     Return Review; (3) Routine On-Call Tax Advisory Services; (4)

     Services Relating to Intercompany Advances; (5) Sales and
     Use Tax Compliance and Advisory; (6) Depreciation, Depletion
     and Amortization Assistance & Advisory Services; and (7)
     Sales and Use Tax Overpayment Services.

  C. Valuation Services

  -- interview the Debtors' management;

  -- analyze the industry, as well as the economic and competitive
     environments in which the legal entities operate;

  -- analyze the performance and market position of the legal
     entities relative to competitors and/or similar publicly-
     traded companies;

  -- analyze the earnings and dividend paying capacity of the
     legal entities;

  -- analyze the financial data of similar publicly-traded
     companies to develop appropriate valuation multiples;

  -- valuation analysis of each legal entity, on a stand-alone
     basis, considering certain valuation methodologies;

  -- valuation analysis of the oil and gas reserves on an
     aggregated basis utilizing a discounted cash flow analysis;

  -- corroboration of valuation results under the Income Approach
     to comparable transactions within each basis subject to the
     scope of services;

  -- prepare a risk adjusted discount rate calculation for each
     reserve area, legal entity and category estimated under the
     Income Approach (for corroboration purposes);

  -- develop valuation analysis of the plant, property and
     equipment assets, well site surface equipment, gas
     transportation gathering and processing equipment, vehicles
     and mobile equipment;

  -- develop valuation analysis of any real property assets owned
     or leased by the Debtors, as applicable;

  -- leverage Ernst & Young's Advanced Transaction Analytics
     platform;

  -- perform analysis to evaluate blockage discounts as well as
     option value of the underlying market capitalization of the
     Debtors; and

  -- prepare a narrative report outlining Ernst & Young's
     recommendations of value, the methodologies employed and
     assumptions utilized in its analysis.

For its Restructuring Advisory, Tax and Valuation Services, Ernst &
Young will be paid at these hourly rates:

       Partner, Principal,
       Executive Director         $625-$850
       Senior Manager             $580-$700
       Manager                    $470-$575
       Senior                     $410-$450
       Staff                      $240-$275

Ernst & Young will also be reimbursed for reasonable out-of-pocket
expenses incurred.

Before the Petition Date, Ernst & Young received a retainer from
the Debtors in the amount of $225,000. As of the Petition Date, the
balance of the Retainer was approximately $130,000. During the
ninety days preceding the Petition Date, the Debtors paid Ernst &
Young approximately $1,530,000. The Debtors do not owe Ernst &
Young any amounts in respect of services provided by Ernst & Young
before the Petition Date.

Briana A. Richards, a principal of Ernst & Young, assured the Court
that the firm is a "disinterested person" as the term is defined in
Section 101(14) of the Bankruptcy Code and does not represent any
interest adverse to the Debtors and their estates.

The Bankruptcy Court will hold a hearing on the application on
August 23, 2016, at 10:00 a.m.  Objections, if any, are due August
16, 2016, at 4:00 p.m.

Ernst & Young can be reached at:

       Briana A. Richards
       ERNST & YOUNG LLP
       5 Houston Center, Suite 1200
       Houston, TX 77010
       Tel: (713) 750-1500
       Fax: (713) 750-1501

                     About Halcon Resources

Halcon Resources Corporation is an independent energy company
engaged in the acquisition, production, exploration and development
of onshore oil and natural gas properties in the United States.

Halcon Resources and 21 of its subsidiaries each filed a voluntary
petition under Chapter 11 of the Bankruptcy Code (Bankr. D. Del.
Case Nos. 16-11724 through 16-11745) on July 27, 2016.  The
petitions were signed by Stephen W. Herod as president.  The
Debtors listed assets of $2.84 billion and debts of $3.14 billion
as of March 31, 2016.

The Debtors have hired Young Conaway Stargatt & Taylor, LLP and
Weil, Gotshal & Manges LLP as co-counsel; PJT Partners LP as
investment banker; Alvarez & Marsal North America, LLC as
restructuring advisor; and Epiq Bankruptcy Solutions, LLC as
claims, noticing and solicitation agent.


HEARING HELP: Has Until Aug. 31 to Use Better Hearing's Cash
------------------------------------------------------------
Judge Thomas M. Lynch of the U.S. Bankruptcy Court for the Northern
District of Illinois authorized Hearing Help Express, Inc., to use
the cash collateral of Better Hearing, LLC, until Aug. 31, 2016.

The Debtor's use of cash collateral is with the consent of Better
Hearing.

Judge Lynch authorized the Debtor to use cash collateral according
to the expenses and amounts listed in the approved Budget for the
month of August, 2016, which includes an adequate protection
payment to Better Hearing in the amount of $10,000.

The approved Budget for August, 2016 provides for total
expenditures in the amount of $563,000.

A status hearing on the Debtor's use of cash collateral is
scheduled on Aug. 31, 2016 at 11:00 a.m.

A full-text copy of the Agreed Order, dated August 2, 2016, is
available at https://is.gd/JyL7EY

                About Hearing Help Express

Hearing Help Express, Inc., dba Hearing Help Express, dba Hear
Direct, dba Simply Batteries, dba Moolah by Mail, dba Eco-Gold
Batteries, dba Eco-Gold Hearing Products, dba Lotus Express, is
reputedly the largest United States mail order company marketing
hearing aids, batteries and related accessories directly to senior
citizens. HHE is an Illinois C-Corp. The family-controlled private
corporation has 90 shareholders, with the Hovis family owning the
majority (52.2%) of the shares.

Hearing Help Express sought protection under Chapter 11 of the
Bankruptcy Code on July 14, 2014 (Bankr. N.D. Ill. Case No.
14-82161).  The bankruptcy case is assigned to Judge Thomas M.
Lynch.  The petition was signed by James E. Hovis, CEO and chairman
of the Board.  The Debtor estimated assets of $0 to $50,000 and
liabilities of $1 million to $10 million.  The Debtor is
represented by James E. Stevens, Esq., at Barrick, Switzer, Long,
Balsley & Van Evera, in Rockford, Illinois.

Secured lender Better Hearing, LLC is represented by attorneys at
Howard & Howard, PLLC.  As of the Petition Date, BHL asserted
secured claims exceeding $2.4 million.


HEARTLAND FARMS: Plan Outline Has Conditional OK; Sept. 1 Hearing
-----------------------------------------------------------------
The Hon. K. Rodney May of the U.S. Bankruptcy Court for the Middle
District of Florida has conditionally approved Heartland Farms,
Inc.'s disclosure statement dated July 18, 2016.

The Disclosure Statement is conditionally approved subject to the
rights of parties to object.

The Court will conduct a hearing on confirmation of the Chapter 11
Plan of Reorganization on Sept. 1, 2016, at 10:30 a.m.

Any written objections to the Disclosure Statement will be filed
with the Court and served on the Local Rule 1007-2 Parties in
Interest List no later than seven days prior to the Confirmation
Hearing.

No later than seven days after July 25, 2016, the Debtor will serve
all parties entitled to service under Fed. R. Bankr. P. 3017(d)
with copies of the Plan, Disclosure Statement, this order, and
ballots for accepting or rejecting the Plan and a certificate of
service evidencing service of same will be filed with the Court
within three days thereafter.

Parties in interest will submit to the Clerk's office their written
ballot accepting or rejecting the Plan no later than eight days
before the date of the Confirmation Hearing.  

All creditors and parties in interest that assert a claim against
the Debtor which arose after the filing of this case must file
motions or applications for the allowance of the claims with the
Court no later than 14 days after July 25.

Applications for payment of administrative expenses will be heard
at same date and time as the Confirmation Hearing if the applicant
has served notice of the hearing on the application (expressly
stating the total amount requested) on all creditors at least 21
days before the hearing.  Any motion or application not noticed in
time to be heard at the Confirmation Hearing will be scheduled for
hearing at a later date.

Heartland Farms, Inc., sought protection under Chapter 11 of the
Bankruptcy Code (Bankr. M.D. Fla. Case No. 16-02381) on March 21,
2016.  The petition was signed by Ronald Moye, president.  The
Debtor is represented by Pierce J Guard, Jr., Esq., at The Guard
Law Group, PLLC.  The Debtor estimated assets of $0 to $50,000 and
debts of $1 million to $10 million.


HI-TEMP SPECIALTY: Committee Hires Pepper Hamilton as Counsel
-------------------------------------------------------------
The Official Committee of Unsecured Creditors of Hi-Temp Specialty
Metals, Inc., seeks authorization from the U.S. Bankruptcy Court
for the Eastern District of New York to retain Pepper Hamilton LLP
as counsel to the Committee, nunc pro tunc to July 18, 2016.

The Committee requires Pepper to:

   a. advise the Committee with respect to its rights, duties and
      powers in this case;

   b. assist and advise the Committee in its consultations with
      the Debtor relating to the administration of this case;

   c. assist the Committee in analyzing the claims of the
      Debtor's creditors and the Debtor's capital structure and
      in negotiating with the holders of claims and, if
      appropriate, equity interests;

   d. assist the Committee's investigation of the acts, conduct,
      assets, liabilities and financial condition of the Debtor
      and other parties involved with the Debtor, and the
      operation of the Debtor's businesses;

   e. assist the Committee in its analysis of, and negotiations
      with the Debtor or any other third party concerning matters
      related to, among other things, the assumption or rejection
      of certain leases of non-residential real property and
      executory contracts, asset dispositions, financing
      transactions and the terms of a plan of reorganization or
      liquidation for the Debtor;

   f. assist and advise the Committee as to its communications,
      if any, to the general creditor body regarding significant
      matters in this case;

   g. represent the Committee at all hearings and other
      proceedings;

   h. review, analyze, and advise the Committee with respect to
      applications, orders, statements of operations and
      schedules filed with the Court;

   i. assist the Committee in preparing pleadings and
      applications as may be necessary in furtherance of the
      Committee's interests and objectives; and

   j. perform such other services as may be required and are
      deemed to be in the interests of the Committee in
      accordance with the Committee's powers and duties as set
      forth in the Bankruptcy Code.

Pepper will be paid at these hourly rates:

     Todd A. Feinsmith, Partner                $785
     Deborah Kovsky-Apap, Partner              $575
     Lesley S. Welwarth, Associate             $355
     Susan Henry, Senior Paralegal             $265

Pepper will also be reimbursed for reasonable out-of-pocket
expenses incurred.

Todd A. Feinsmith, partner of Pepper Hamilton LLP, assured the
Court that the firm is a "disinterested person" as the term is
defined in Section 101(14) of the Bankruptcy Code and does not
represent any interest adverse to the Debtors and their estates.

Pepper can be reached at:

     Todd A. Feinsmith, Esq.
     PEPPER HAMILTON LLP
     19th Floor, High Street Tower
     125 High Street
     Boston, MA 02110-2736
     Tel: (617) 204-5100
     Fax: (617) 204-5150
     E-mail: feinsmitht@pepperlaw.com

                    About Hi-Temp Specialty Metals, Inc.

Founded in 1982, Hi-Temp Specialty Metals, Inc. is a recycler and
provider of specialty recycled metals for the super alloy
industry.

Hi-Temp is a wholly-owned subsidiary of Hi-Temp Acquisition Corp.,
Inc. Joseph Smokovich owns 87% of HTAC common stock and the
remaining 13% is owned by Larry Stryker, a former employee. Hi-Temp
employs between 20-25 people.

Hi-Temp sought protection under Chapter 11 of the Bankruptcy Code
(Bankr. E.D.N.Y. Case No. 16-72767) on June 22, 2016.  The case is
assigned to Judge Louis A. Scarcella.  The petition, signed by
President and Chief Executive Officer Joseph Smokovich, estimates
assets in the range of $10 million to $50 million and liabilities
of up to $50 million.

The Debtor is represented by Gerard DiConza, Esq., at Diconza
Traurig Kadish LLP.


HOWIS Y. AROS: Plan Confirmation Hearing on Sept. 14
----------------------------------------------------
Judge Paul M. Black has approved the Disclosure Statement
explaining Howis Y. Aros' Chapter 11 Plan.  The judge ordered
that:

   * Sept. 7, 2016 is fixed as the last date for filing and serving
pursuant to Bankruptcy Rule 3020(b)(1) written objections to
confirmation of the Debtor's (or proponent's) Plan, and

   * Sept. 14, 2016 at 11:30 a.m. at U.S. Courthouse, 3rd Floor
Courtroom, 700 Main Street, Danville, Virginia 24541 is fixed as
the date, time and place of hearing upon confirmation of said Plan;
discharge hearing as provided by 11 U.S.C. Sec. 1141 & 524(d), if
the Debtor is an individual and not a corporation; and is further
fixed as the deadline for filing a complaint objecting to the
discharge of the debtor pursuant to Bankruptcy Rule 4004(a).

The Chapter 11 case is In re Howis Y. Aros (Bankr. W.D. Va. Case
No. 15-61928).  

The Debtor's attorney:

         Stephen E. Dunn, Esq.
         201 Enterprise Drive, Suite A
         Forest, VA 24551


HUNTER HOSPITALITY: Hires Dart Adamson as Special Counsel
---------------------------------------------------------
Hunter Hospitality, LLC, seeks authority from the U.S. Bankruptcy
Court for the Western District of Washington to employ Dart Adamson
and Donovan as special counsel to the Debtor.

Hunter Hospitality requires Dart to assist the Debtor during the
pendency of its bankruptcy case and in connection with lawsuits
pending in the United States District Court for the District of
Utah:

   (a) Dorsten et al. v. Secured Lending Fund, LLC, Case No.
       2:15-cv-00153-RJS-EJF; and

   (b) Dorsten et al. v. Bo Brower et al., Case No. 15-cv-00123-
       JNP-DBP.

To the best of the Debtor's knowledge, the firm is a "disinterested
person" as the term is defined in Section 101(14) of the Bankruptcy
Code and does not represent any interest adverse to the Debtors and
their estates.

Dart can be reached at:

     DART ADAMSON AND DONOVAN
     257 E 200 Suite 1050
     Salt Lake City, UT 84111
     Tel: (801) 521-6383

                     About Hunter Hospitality

Hunter Hospitality LLC, based in Bellingham, WA, filed a Chapter 11
petition (Bankr. W.D. Wash. Case No. Case No.: 15-17090 ) on
December 1, 2015.  The Hon. Marc Barreca presides over the case.
James L Day, Esq., at Bush Strout & Kornfeld LLP, as bankruptcy
counsel.

In its petition, the Debtor estimated $1.64 million to $24.38
million in both assets and liabilities. The petition was signed by
David Ebenal, managing member.


IAMGOLD CORP: S&P Raises Rating on Sr. Unsecured Notes to 'B+'
--------------------------------------------------------------
S&P Global Ratings said it raised its issue-level rating on
Canada-based gold mining company IAMGOLD Corp.'s senior unsecured
notes to 'B+' from 'B' and revised its recovery rating on the notes
to '2' from '4'.  A '2' recovery rating corresponds with
substantial (70%-90%; high end of the range) recovery in S&P's
simulated default scenario, and an issue-level rating that is
one-notch above the long-term corporate credit rating.

"The upgrade and revision to the recovery rating are based on the
lower amount of debt outstanding in our recovery analysis," said
S&P Global Ratings credit analyst Jarrett Bilous.

At the same time, S&P Global Ratings affirmed its 'B' long-term
corporate credit rating on the company.  The outlook is stable.

S&P considers the planned bond redemption to be positive to
IAMGOLD's credit profile but not to an extent that warrants a
change in the long-term corporate credit rating.  The company
announced a US$200 million bought-debt equity financing (excluding
an over-allotment option) and plans to redeem US$150 million of its
unsecured notes with the proceeds.  Based primarily on the
prospective reduction in debt, S&P expects the company's core
ratios will improve from its previous estimates.  However, S&P
expects the company to continue to generate weighted-average credit
measures that S&P views as commensurate with a highly leveraged
financial risk profile.  In addition, S&P's business risk and
liquidity assessments are unchanged, resulting in no change to
S&P's 'B' corporate credit rating on IAMGOLD.

The stable outlook reflects S&P's view that IAMGOLD will generate
core credit ratios consistent with a highly leveraged financial
risk profile over the next two years, including weighted-average
adjusted debt-to-EBITDA ratio of about 5x.  The outlook also
reflects S&P's expectation that the company will maintain strong
liquidity.

A downgrade could result from a change in S&P's liquidity
assessment to adequate from strong.  In this scenario, S&P would
expect available cash to sharply decline following a material
acquisition or higher-than-expected free cash flow deficits from a
severe drop in gold prices or higher-than-expected capital
expenditures.  

S&P would consider an upgrade if the company generated an adjusted
debt-to-EBITDA ratio sustainably below 4x.  In this scenario, S&P
would expect the company to further reduce debt or realize what S&P
considers to be sustainably higher margins from a gold price above
our current assumptions along with relatively stable or improving
cash costs.


III EXPLORATION II LP: Taps Tudor as Investment Banker
------------------------------------------------------
III Exploration II LP, seeks authority from the U.S. Bankruptcy
Court for the District of Utah to employ Tudor Pickering Holt & Co.
as financial advisor and investment banker to the Debtor.

III Exploration II requires Tudor to:

   a. review and analyze the Debtor's business, operations and
      financial projections;

   b. advise the Debtor on tactics and strategies for pursuing an
      M&A transaction;

   c. render financial advice to the Debtor and participate in
      meetings or negotiations with relevant parties in
      connection with any M&A transaction;

   d. attend meetings of the Debtor's Board of Directors and its
      committees with respect to matters on which it has been
      engaged to advise the Debtor;

   e. provide written and/or oral testimony in the Bankruptcy
      Court or other court of competent jurisdiction, as
      necessary, with respect to the matters on which it has been
      engaged; and

   f. provide the Debtor with other financial advice in
      connection with an M&A transaction as may be specifically
      agreed upon in writing by the Debtor and Tudor;

   g. provide other ancillary financial advisory services as the
      Debtor and Tudor agree are customary and appropriate in the
      circumstances.

Tudor will be paid as follows:

   -- if at any time from the date the Debtor retains Tudor until
     the one-year anniversary of the termination of the engagement

     under the agreement, one or more M&A Transactions occur, a
     fee to be paid for each such M&A Transactions upon
     consummation in an amount equal to 2.0% of the aggregate
     consideration paid in connection with such M&A Transaction.
     In addition, the fee period shall terminate if Tudor's
     engagement is terminated by the Debtor prior to entry into
     definitive agreements with respect to an M&A Transaction due
     to willful misconduct or gross negligence by Tudor in
     performing services under the agreement;

  -- to the extent that one or more M&A Transactions occurs, the
     Debtor agrees that the fees payable to Tudor pursuant to the
     agreement shall not be less than $1,000, the minimum fee, and

     such minimum fee shall be due and payable upon the first
     closing of any M&A Transaction, provided, that, to the extent

     that the M7A Fee that otherwise would have been payable with
     respect to such first transaction is less than the minimum
     fee, 100% of the difference between (a) the minimum fee and
     (b) M&A fee that otherwise would have been payable with
     respect to such first transaction will be 100% credited
     towards any future applicable M&A Fee.

  -- notwithstanding the foregoing, to the extent that the first
     transaction that occurs is the sale of the Debtor's non-
     operated Uinta Basin assets, at least 50% of the minimum fee,

     or $500,000, shall be payable at closing of such first
     transaction; provided further that the remaining portion of
     the minimum fee shall be due and payable on the earlier of
     (a) the three month anniversary of the closing of the first
     transaction and (b) the closing of any additional M&A
     Transaction;

  -- in addition to the foregoing fees, whether or not any M&A
     Transaction is consummated, the Debtor will reimburse Tudor
     for reasonable out of pocket expenses in incurs in carrying
     out its duties under the agreement.

Tudor will also be reimbursed for reasonable out-of-pocket expenses
incurred.

Jeffrey Knupp, director at Tudor Pickering Holt & Co., assured the
Court that the firm is a "disinterested person" as the term is
defined in Section 101(14) of the Bankruptcy Code and does not
represent any interest adverse to the Debtors and their estates.

Tudor can be reached at:

     Jeffrey Knupp
     TUDOR PICKERING HOLT & CO.
     2250 S Joyce St
     Denver, CO 80202
     Tel: (832) 866-112
     E-mai: jknupp@tphco.com

                    About III Exploration II LP

III Exploration II LP filed a chapter 11 petition (Bankr. D. Utah
Case No. 16-26471) on July 26, 2016.  The Debtor is represented by
George Hofmann, Esq., Steven C. Strong, Esq., and Adam H. Reiser,
Esq., at Cohne Kinghorn, P.C.

The Debtor and its general partner, Petroglyph Energy, Inc., are
headquartered in Boise, Idaho.  The Debtor is engaged in the
exploration and production of oil and natural gas deposits,
primarily in the Uinta Basin in Utah.  The Debtor also has an
interest in approximately 42,100 undeveloped acres in the Raton
Basin located in Colorado, and participates in joint ventures with
respect to properties in the Williston Basin in North Dakota.


IMPAX LABORATORIES: S&P Lowers Rating on $600MM Sr. Notes to 'BB-'
------------------------------------------------------------------
S&P Global Ratings assigned its 'BBB-' senior secured debt rating
and '1' recovery rating (indicating expectations for very high
[90%-100%] recovery in the event of a payment default) to
U.S.-based specialty and generic pharmaceutical company IMPAX
Laboratories Inc.'s $600 million senior secured credit facilities,
consisting of a $400 million term loan A and an upsized $200
million revolving credit facility both due Aug. 3, 2021.

At the same time, S&P lowered its unsecured issue-level rating on
the company's $600 million senior unsecured convertible notes due
June 15, 2022, to 'BB-' from 'BB' and revised the recovery rating
to '5' from '3'.  The '5' recovery rating indicates S&P's
expectation for modest (10%-30%; upper half of the range) recovery
in the event of a payment default.

The company used proceeds from the term loan to partially fund its
acquisition of a portfolio of generic products from Teva
Pharmaceutical Industries Ltd. and affiliates of Allergan PLC for
$586 million.

The transaction does not affect S&P's 'BB' corporate credit rating
on IMPAX, as pro forma leverage of under 4.0x remains within S&P's
projected leverage for the company.  In the meantime, the addition
of the acquired generic drugs further increases the diversity of
IMPAX's drug portfolio.

                        RECOVERY ANALYSIS

Key analytical factors:

   -- The company's capital structure consists of a $200 million
      secured revolving credit facility, a $400 million secured
      term loan, and $600 million of unsecured convertible notes.

Simulated default assumptions:

   -- S&P estimates that for the company to default, EBITDA would
      need to decline more than 50%, representing a dramatic
      deterioration from the current state of its business.  If a
      default occurs, S&P expects the company would reorganize.

   -- S&P's simulated default scenario contemplates a default in
      2021, stemming from a combination of heightened competition
      and poor operating performance.

   -- S&P assumes an 85% drawn revolver and an increase of more
      than 400 basis points in borrowing costs arising from a
      combination of LIBOR and margin increases following covenant

      violations.

Simplified waterfall:
   -- EBITDA at emergence of $115.7 million
   -- S&P's valuation assumes an EBITDA multiple of 6x
   -- Gross enterprise value (EV): $694 million.
   -- Net EV (after 5% administrative costs): $660 million
   -- Valuation split (obligors/non-obligors): 100%/0%
   -- Collateral value available to secured creditors:
      $660 million
   -- Secured first-lien debt (revolver and term loan):
      $541 million
      -- Recovery expectations: 90% to 100%
   -- Unsecured debt: $606 million
      -- Recovery expectations: 10% to 30%

Note: All debt amounts include six months of prepetition interest.

RATINGS LIST

IMPAX Laboratories Inc.
Corporate Credit Rating              BB/Negative/--

New Rating

IMPAX Laboratories Inc.
Senior Secured
  $400 Mil. Term Loan A-1 Due 2021    BBB-
   Recovery Rating                    1
  $200 Mil. Revolver Due 2021         BBB-
   Recovery Rating                    1

Downgraded; Recovery Rating Revised
                                      To             From
IMPAX Laboratories Inc.
Senior Unsecured
  $600 Mil. Conv Notes Due 2022       BB-            BB
   Recovery Rating                    5H             3H


INFOMOTION SPORTS: Hires Clark Schaefer as Tax Accountant
---------------------------------------------------------
Infomotion Sports Technologies, Inc., seeks authority from the U.S.
Bankruptcy Court for the District of Massachusetts to employ Clark
Schaefer Hackett as tax accountant to the Debtor.

Infomotion Sports requires Clark Schaefer to:

   a. prepare and file Infomotion's 2015 Federal and state income
      tax returns.

   b. prepare and file Infomotion's final 2016 Federal and state
      income tax returns.

Clark Schaefer will be paid a flat fee of $7,000. The first $5,000
will be payable to Clark Schaefer on delivery of the 2015 Federal
and state income tax returns and the final payment of $2,000 will
be paid on delivery of the 2016 Federal and State income tax
returns.

Sharon R. Reisman, certified public accountant and member of Clark
Schaefer Hackett, assured the Court that the firm is a
"disinterested person" as the term is defined in Section 101(14) of
the Bankruptcy Code and does not represent any interest adverse to
the Debtors and their estates.

Clark Schaefer can be reached at:

     Sharon R. Reisman
     CLARK SCHAEFER HACKETT
     4449 Easton Way, Suite 400
     Columbus, OH 43219
     Tel: (614) 885-2208
     E-mail: SRiesman@cshco.com

                 About InfoMotion Sports Technologies, Inc.

InfoMotion Sports Technologies,
Inc.-http://www.infomotionsports.com/-- sought chapter 11
protection (Bankr. D. Mass. Case No. 16-10724) on Mar. 1, 2016. The
petition was signed by Michael Crowley, chief executive officer.

The Debtor is represented by Warren E. Agin, Esq., at Swiggart &
Agin, LLC, in Boston. The case is assigned to Judge Joan N. Feeney.
At the time of the filing, the Debtor estimated its assets and
debts at less than $10 million.


INNOVATIVE CONSTRUCTION: U.S. Trustee Opposes Disclosure Statement
------------------------------------------------------------------
The U.S. trustee overseeing the Chapter 11 case of Innovative
Construction, Inc., asked a bankruptcy court to deny approval of
the disclosure statement detailing the Chapter 11 plan of the
company.

In a filing with the U.S. Bankruptcy Court for the Western District
of Pennsylvania, the U.S. trustee complained about the lack of
information regarding Innovative Construction's finances and the
financial difficulties that caused the company to file for
bankruptcy protection.   

"Without this information, creditors do not possess sufficient
information to ascertain whether the Debtor's proposed plan is
feasible," the Justice Department's bankruptcy watchdog said.

The U.S. trustee also complained that the company did not disclose
where it will get the funds to pay creditors and how creditors will
benefit more from its reorganization than from liquidation.

Under U.S. bankruptcy law, a debtor must get approval of its
disclosure statement to begin soliciting votes for its Chapter 11
plan.  The document must contain sufficient information to enable
voting creditors to make an informed decision about the plan.

                 About Innovative Construction

Innovative Construction, Inc. leases real property to Caravan II,
LLC, which operates a hotel and restaurant.  It also owns sand and
gravel deposits.

The Debtor sought protection under Chapter 11 of the Bankruptcy
Code (Bankr. W.D. Pa. Case No. 16-20088) on Jan. 12, 2016.  The
petition was signed by Linda Menichino, president.

The Debtor is represented by Robert O. Lampl, Esq.  The case is
assigned to Judge Jeffery A. Deller.

The Debtor estimated both assets and liabilities in the range of $1
million to $10 million.


INTREPID POTASH: Amends March 31 Quarterly Report
-------------------------------------------------
Intrepid Potash, Inc., filed with the Securities and Exchange
Commission its amended quarterly report on Form 10-Q/A-1 disclosing
a net loss of $18.43 million on 73.28 million of sales for the
three months ended March 31, 2016, compared to a net loss of $6.53
million on $117.02 million of sales for the same period in 2015.

As of March 31, 2016, Intrepid had $627.37 million in total assets,
$218.37 million in total liabilities and $409 million in total
stockholders' equity.

The holders of their senior notes have agreed to waive until June
30, 2016, the requirement under the terms of the senior notes that
they comply with certain financial covenants. If current market
conditions continue, the Company anticipate that their adjusted
EBITDA (earnings before interest, income taxes, depreciation,
amortization, and certain other expenses, as defined in the credit
facility) will not be sufficient for them to return to compliance
with these covenants through 2016. As a result, the Company is
proactively working with its lenders and evaluating its options,
which could include additional covenant amendments, waivers, or
forbearances, alternative financing arrangements, a possible
further reduction in the amount of the facility, and a possible
reduction of its outstanding debt (including the payment of
prepayment penalties). The Company's continued failure to comply
with these covenants after June 30, 2016, will result in an event
of default under the terms of the senior notes and a cross-default
under the credit facility that, if not cured or waived, could
result in the acceleration of all outstanding indebtedness,
including the acceleration of its senior notes and any amounts
outstanding under the credit facility. If the lenders were to make
such a demand for repayment, they would be unable to pay the
obligations as they do not have existing facilities or sufficient
cash on hand to satisfy these obligations. With this material
uncertainty surrounding compliance with their debt covenants,
declining revenues, lower-of-cost-or-market inventory adjustments,
and negative cash flows from operations, there is substantial doubt
about the Company's ability to continue as a going concern.

A full-text copy of the Form 10-Q/A-1 is available for free at:

                   https://is.gd/S6QVyh

                      About Intrepid

Intrepid Potash -- http://www.intrepidpotash.com/-- is the only  
U.S. producer of muriate of potash and supplied approximately 9% of
the country's annual consumption in 2015.  Potash is applied as an
essential nutrient for healthy crop development, utilized in
several industrial applications and used as an ingredient in animal
feed.  Intrepid also produces a specialty fertilizer, Trio(R),
which delivers three key nutrients, potassium, magnesium, and
sulfate, in a single particle.

Intrepid serves diverse customers in markets where a logistical
advantage exists; and is a leader in the utilization of solar
evaporation production, one of the lowest cost, environmentally
friendly production methods for potash.  After the idling of its
West mine in July 2016, Intrepid's production will come from three
solar solution potash facilities and one conventional underground
Trio(R) mine.



ION WORLDWIDE: Hires Parcels as Noticing and Balloting Agent
------------------------------------------------------------
iON Worldwide Inc., et al., seek authority from the U.S. Bankruptcy
Court for the District of Delaware to employ Parcels, Inc. as
noticing and balloting agent to the Debtor.

iON Worldwide requires Parcels to:

   a. assist with, among other things, solicitation, balloting,
      and tabulation and calculation of votes, as well as
      duplicating any appropriate reports, as required in
      furtherance of confirmation of plan(s) of reorganization;

   b. generate an official ballot certification and testifying,
      if necessary, in support of the ballot tabulation results;

   c. handle duplication, photocopying, noticing, mailing, and,
      if necessary, faxing services; and

   d. provide such other noticing, solicitation, balloting, and
      administrative services as may be requested from time to
      time by the Debtors.

Parcels will be paid as follows:

   NOTICING SERVICES:

     Electronic Filing of Court Documents (ECF)     $15.00/filing

     Update Service Lists                           $65.00/hour

   INTAKE, PROCESSING AND MAINTENANCE:

     Ballot Intake, Examination, Processing,
     Tabulation & Certification of Plan Voting      $125.00/hour

Joseph L. King, of Parcels, Inc., assured the Court that the firm
is a "disinterested person" as the term is defined in Section
101(14) of the Bankruptcy Code and does not represent any interest
adverse to the Debtors and their estates.

Parcels can be reached at:

     Joseph L. King
     PARCELS, INC.
     230 North Market Street
     New Castle, DE 19720
     Tel: (302) 658-9926

                     About iON Worldwide Inc.

iON Worldwide Inc. filed a Chapter 11 bankruptcy petition (Bankr.
N.D. Ga. Case No. 16-11543) on June 24, 2016.  The Hon. Laurie
Selber Silverstein presides over the case.  A.M. Sacullo Legal, LLC
represents the Debtor as counsel.


IRON FIST: BankPlus Wants to Prevent Cash Collateral Use
--------------------------------------------------------
BankPlus asks the U.S. Bankruptcy Court for the Southern District
of Mississippi to prohibit Debtor Iron Fist, LLC, from using cash
collateral.

BankPlus relates that the Debtor is indebted to it in the total
amount of $126,003, plus unpaid ad valorem taxes for 2014 and 2015,
attorney's fees, costs and expenses.  

BankPlus contends that in order to secure repayment of its debt,
the Debtor executed Deeds of Trust in BankPlus' favor that, among
other things, assigned, granted a continuing security interest in,
and conveyed to BankPlus all right, title, and interest in and to,
among other things, the following real-property collateral,
including all present and future leases and rents therefrom:

     (1) 814 Howard Avenue, Biloxi, Mississippi 39530; and

     (2) 826 Esters Boulevard, Biloxi, Mississippi 39530.

BankPlus tells the Court that under the terms and conditions of the
Deeds of Trust, the leases and rents received by the Debtor in
connection with the Properties is BankPlus' cash collateral.

BankPlus believes that the Debtor has continued to collect and use
BankPlus' cash collateral, without BankPlus' consent or Court
approval, and that the Debtor has failed to segregate and account
for BankPlus' cash collateral.  BankPlus says that it has not been
furnished with adequate protection for its interest in the Cash
Collateral, and unless the Court orders the Debtor to cease the
spending of such Cash Collateral, and to segregate and account for
the Cash Collateral that is in or may come into the Debtor’s
possession, custody, or control, BankPlus will suffer irreparable
damage.  

A full-text copy of the BankPlus' Motion, dated August 2, 2016, is
available at https://is.gd/A3wXGP

BankPlus is represented by:

          William H. Leech, Esq.
          Sarah Beth Wilson, Esq.
          Christopher H. Meredith, Esq.
          Timothy J. Anzenberger, Esq.
          COPELAND, COOK, TAYLOR & BUSH, P.A.
          600 Concourse, Suite 100
          1076 Highland Colony Parkway
          P.O. Box 6020
          Ridgeland, MS 39158
          Telephone: (601) 856-7200
          E-mail: bleech@cctb.com
                  sbwilson@cctb.com
                  cmeredith@cctb.com
                  tanzenberger@cctb.com

                     About Iron Fist, LLC

Iron Fist, LLC filed a chapter 11 petition (Bankr. S.D. Miss. Case
No. 16-51275) on July 29, 2016.  The petition was signed by Charles
G. Taylor, III, member manager.  The Debtor is represented by
Robert Alan Byrd, Esq., at Byrd & Wiser.  The case is assigned to
Judge Katharine M. Samson.  The Debtor estimated assets and debts
at $1 million to $10 million at the time of the filing.


J B JONES: Files Small Business Chapter 11 Plan
-----------------------------------------------
J B Jones Consortium LP filed with the U.S. Bankruptcy Court for
the Western District of Texas, in San Antonio, its small business
plan and accompanying disclosure statement.

General unsecured creditors are classified in Classes A to C, and
will receive a distribution of 100% of their allowed claims, to be
distributred as follows: There will be several Classes of Creditors
all will receive 100% over time or immediately upon their treatment
under the plan.

Class A is made up of the IRS, which is owed $100 and will be paid
in full.

Class B is the Yellow Pages, which is owed below $4,000 and will be
paid $400 a month post confirmation.

Class C creditors are the operators of the business, the
undersigned and notice-only creditors.  They will receive their
claims out of the operating revenue of the company within 72 months
of the approval of the plan.

According to the plan, ballots must be received by Sept. 1, 2016,
or it will not be counted.

A copy of the Disclosure Statement is available at:

          http://bankrupt.com/misc/txwb15-53128-0082.pdf

J B Jones Consortium LP, based in San Antonio, Texas, filed a
Chapter 11 bankruptcy petition (Bankr. W.D. Tex. Case No. 15-53128)
on December 31, 2015, and is represented by:

         Albert William Van Cleave, III, Esq.
         LAW OFFICES OF ALBERT W. VAN CLEAVE III
         1520 W Hildebrand
         San Antonio, TX 78201
         Tel: (210) 341-6588
         Fax: (210) 341-6589
         E-mail: vancleave-legal@sbcglobal.net

                    - and -

         Gregory T. Van Cleave, Esq.
         LAW OFFICES OF ALBERT W. VAN CLEAVE III
         1520 W. Hildebrand
         Tel: (210) 341-6588
         E-mail: Greg_V@hotmail.com

The Debtor listed total assets of $1.59 million and total
liabilities of $471,156.  The petition was signed by Rebecca Jones,
president and general partner.


J L LEASING: Sale of 2011 Kenworth T800 Tractor for $68K Approved
-----------------------------------------------------------------
Judge Marc Barreca of the U.S. Bankruptcy Court for the Western
District of Washington authorized J L Leasing & Transportation,
Inc. to sell its 2011 Kenworth Model T800 Tractor bearing VIN No.
1XKDD49X2BJ279238 to Peters & Keatts Equipment, Inc. ("PKE") for
$73,500.

The sale is free and clear of any and all liens and encumbrances,
with the liens against the property attaching to the sale proceeds
in the same order and priority, after payment of sales commissions
and closing costs.

The Debtor will pay Wells Fargo, the secured creditor that holds
title for $68,000, all net sale proceeds for application to secured
debt and re-amortization of the remaining debt over the remaining
term of the Wells Fargo stipulation.

Upon receipt of $73,500, Wells Fargo will provide title to the
tractor to PKE.

               About J L Leasing & Transportation

J L Leasing & Transportation is a trucking company, incorporated in
Washington on Dec. 13, 2001 and it is headquartered in Enumclaw,
Washington.  Prior to that time the business was a sole
proprietorship operated by Frank Letourneau's father and mother
since approximately 1993.  J L Leasing's primary trucking
activities are in the state of Washington including container
shipping for companies importing and exporting goods through the
ports of Washington, Oregon and British Columbia, and transporting
produce and other commodities in Washington, Oregon and British
Columbia.

J L Leasing & Transportation sought Chapter 11 protection (Bankr.
W.D. Wash. Case No. 15-13813) on June 23, 2015.  The petition was
submitted by Jutta Letourneau, CEO and Sole Member Board of
Directors.  The Debtor estimated assets in the range of $0 to
$50,000 and $500,000 to $1,000,000 in debt.  Lasher Holzapfel
Sperry & Ebberson PLLC serves as counsel.


J. CREW: Bank Debt Trades at 31% Off
------------------------------------
Participations in a syndicated loan under J. Crewis a borrower
traded in the secondary market at 69.27 cents-on-the-dollar during
the week ended Friday, July 22, 2016, according to data compiled by
LSTA/Thomson Reuters MTM Pricing.  This represents an increase of
1.29 percentage points from the previous week.  J. Crew pays 300
basis points above LIBOR to borrow under the $1.56 billion
facility. The bank loan matures on Feb. 27, 2021 and carries
Moody's B2 rating and Standard & Poor's B- rating.  The loan is one
of the biggest gainers and losers among 247 widely quoted
syndicated loans with five or more bids in secondary trading for
the week ended July 22.


J.T.P. CORP: Hires Thrive as Real Estate Broker
-----------------------------------------------
J.T.P. Corp. seeks authorization from the U.S. Bankruptcy Court for
the District of Colorado to employ Thrive Real Estate Group as real
estate broker.

The Debtor owns certain real property located at 2660 King Street,
Denver, Colorado 80211.  Secured Creditor Bluebird Mortgage
Corporation, a hard money lender, commenced foreclosure proceedings
against the Property prior to the Petition Date.  The Debtor
completed improvements to the Property and listed the Property for
sale on July 15, 2016 at a listing price of $779,900.

The Debtor seeks to employ Thrive and its agent David A. Ness with
respect to marketing and sale of the Property.

Thrive shall receive a commission of 3.2% upon the successful sale
and closing of the Property.

David A. Ness, owner of Thrive Real Estate Group, assured the Court
that the firm is a "disinterested person" as the term is defined in
Section 101(14) of the Bankruptcy Code and does not represent any
interest adverse to the Debtor and its estates.

Thrive may be reached at:

     David A. Ness
     Thrive Real Estate Group
     201 Milwaukee Street
     Denver, CO 80206
     Phone: 303.946.1840
     E-mail: dave@thrivedenver.com

                   About J.T.P. Corp.

J.T.P. Corp. is in the business of acquiring, improving, and
selling or "flipping" primarily residential real property in the
Denver metropolitan area.  J.T.P. Corp. sought protection under
Chapter 11 of the Bankruptcy Code (Bankr. D. Colo. Case No.
16-15232) on May 25, 2016.

J.T.P. Corp.'s attorneys are:

          Robert J. Shilliday III, Esq.
          Virndran Shilliday
          1888 Sherman Street, Suite 760
          Denver, CO 80203
          Telephone: (720) 439-2500
          E-mail: rob@vs-lawyers.com


JAMES DAVIS: Judge Jaroslovsky Abstains from Hearing Suit v US Bank
-------------------------------------------------------------------
Judge Alan Jaroslovsky of the United States Bankruptcy Court for
the Northern District of California abstained from hearing the
adversary proceeding captioned JAMES EMERSON DAVIS, Plaintiff(s),
v. U.S. BANK, N.A., Defendant(s), A.P. No. 16-1032 (Bankr. N.D.
Cal.), in the interests of both justice and comity with the state
courts.

Judge Jaroslovsky found that it would be inappropriate to hear the
merits of the case since the entire dispute is governed by state
law and is already pending in state court.

The bankruptcy case is In re JAMES EMERSON DAVIS, Debtor(s), No.
16-10249 (Bankr. N.D. Cal.).

A full-text copy of Judge Jaroslovsky's July 29, 2016 memorandum is
available at https://is.gd/mPVKVN from Leagle.com.

James Emerson Davis is represented by:

          Michael C. Fallon, Esq.
          LAW OFFICES OF MICHAEL C. FALLON
          100 E Street Suite 219
          Santa Rosa, CA 95404
          Tel: (707)546-6770

            -- and --

          Christopher J. Neary, Esq.
          LAW OFFICES OF CHRISTOPHER J. NEARY
          110 South Main Street Suite C
          Willits, CA 95490
          Tel: (707)459-5551
          Fax: (707)459-3018
          Email: cjneary@nearyobrienlaw.com

US Bank is represented by:

          Bradford E. Klein, Esq.
          WRIGHT, FINLAY AND ZAK, LLP
          4665 MacArthur Court, Suite 200
          Newport Beach, CA 92660
          Tel: (949)477-5050
          Email: bklein@wrightlegal.com


JCBG INCORPORATED: Disclosures Ok'd, Plan Hearing on Sept. 8
------------------------------------------------------------
The U.S. Bankruptcy Court for the District of New Jersey is set to
hold a hearing on September 8, at 10:00 a.m., to consider approval
of the Chapter 11 plan of JCBG Incorporated.  

The court had earlier issued an order approving JCBG's disclosure
statement, allowing the company to start soliciting votes from
creditors.  

Creditors are required to cast their votes and file their
objections to the plan not less than seven days before the
September 8 hearing.

                     About JCBG Incorporated

Headquartered in Cherry Hill, New Jersey, JCBG Incorporated -- aka
Coastline Restaurant and Coastline Bar and Grill -- filed for
Chapter 11 bankruptcy protection (Bankr. D. N.J. Case No. 15-22426)
on July 1, 2015, listing $3.7 million in total assets and $4.7
million in total liabilities.  The petition was signed by Dawn
Mourtos, president.

Judge Andrew B. Altenburg Jr. presides over the case.

Dino S. Mantzas, Esq., at the Law Office of Dino S. Mantzas serves
as the Company's bankruptcy counsel.


JEANNIE KILE: May Incur Additional $200K in Chapter 7 Case
----------------------------------------------------------
Jeannie Kile will incur an additional $201,400 if her Chapter 11
case is converted to a Chapter 7 liquidation, according to a
liquidation analysis the Debtor filed with the U.S. Bankruptcy
Court for the Eastern District of Washington.

The liquidation analysis shows the Debtor will incur costs, which
include an additional $35,000 to pay the fees of a Chapter 7
trustee and $83,400 in additional taxes.

The Debtor filed the liquidation analysis in connection with her
proposed Chapter 11 plan.  The document is available for free at
https://is.gd/v4jaiC

The Debtor is represented by:

     John Munding, Esq.
     Munding P.S.
     1610 W. Riverside Ave.
     Phone: (509) 624-6464
     Email: John@mundinglaw.com

                       About Jeannie Kile

Jeannie Kile sought protection under Chapter 11 of the Bankruptcy
Code (Bankr. E.D. Wash. Case No. 16-00643).  The case is assigned
to Judge Frederick Corbit.


JEVIC HOLDING: 3rd Cir. Affirms SCPI Summary Ruling in "Czyzewski"
------------------------------------------------------------------
The United States Court of Appeals for the Third Circuit affirmed
the judgment of the district court granting summary judgment to Sun
Capital Partners, Inc., on Casimir Czyzewski et al.'s claim that
SCPI and debtors Jevic Transportation, Inc., Jevic Holding Corp.,
and Creek Road Properties, LLC were a "single employer" under the
Worker Adjustment and Retraining Notification Act.

The WARN Act provides "[a]n employer shall not order a plant
closing or mass layoff until the end of a 60-day period after the
employer serves written notice of such an order" to each affected
employee.  "[I]ndependent contractors and subsidiaries which are
wholly or partially owned by a parent company are treated as . . .
a part of the parent or contracting company" -- that is, as a
single employer -- "depending upon the degree of their independence
from the parent."

The appeals case is CASIMIR CZYZEWSKI; MELVIN L. MYERS; JEFFREY
OEHLERS; ARTHUR E. PERIGARD; DANIEL C. RICHARDS, on behalf of
themselves and all others similarly situated, Appellants, v. JEVIC
TRANSPORTATION, INC.; JEVIC HOLDING CORP; CREEK ROAD PROPERTIES,
LLC; SUN CAPITAL PARTNERS, INC.; JOHN DOES 1-10, No. 14-4331 (3rd
Cir.), relating to IN RE: JEVIC HOLDING CORP., et al., Debtors.

A full-text copy of the Third Circuit's July 27, 2016 opinion is
available at https://is.gd/Pkg6aV from Leagle.com.

                    About Jevic Transportation

Based in Delanco, New Jersey, Jevic Transportation Inc. --
http://www.jevic.com/-- provided trucking services.  Two     
affiliates -- Jevic Holding Corp. and Creek Road Properties --
have
no assets or operations.  Jevic et al. sought Chapter 11
protection
(Bankr. D. Del. Case No. 08-11008) on May 20, 2008.  

Domenic E. Pacitti, Esq., and Michael W. Yurkewicz, Esq., at Klehr
Harrison Harvey Branzburg & Ellers, in Wilmington, Del.,
represented the Debtors.  

The U.S. Trustee for Region 3 appointed five creditors to
serve on an Official Committee of Unsecured Creditors.  Robert J.
Feinstein, Esq., Bruce Grohsgal, Esq., and Maria A. Bove, Esq., at
Pachulski Stang Ziehl & Jones LLP, in Wilmington, Del., represent
the Official Committee of Unsecured Creditors.

Before filing for bankruptcy, the Debtors initiated an orderly
wind-down process.  As a part of the wind-down process, the
Debtors ceased substantially all of their business and
terminated roughly 90% of their employees.  The Debtors continue
to manage the wind-down process in an attempt to deliver all
freight in their system and to retrieve their assets.

When the Debtors sought protection from their creditors, they
estimated assets and debts between $50 million and $100 million.
At Oct. 31, 2010, the Debtor had total assets of $425,000, total
liabilities of $12.2 million, and a stockholders' deficit of
$11.8 million.


JOHN BIANCO: Court to Take Up Plan Outline on September 8
---------------------------------------------------------
The U.S. Bankruptcy Court for the Eastern District of Virginia will
consider approval of the disclosure statement detailing the Chapter
11 plan of reorganization of John Bianco at a hearing on September
8.

The hearing will take place at Chief Judge St. John's Courtroom,
Courtroom One, 4th Floor, 600 Granby Street, Norfolk, Virginia.
Objections must be filed on or before seven days prior to the
hearing.

John T. Bianco sought protection under Chapter 11 of the Bankruptcy
Code (Bankr. E.D. Va. Case No. 15-73678) on October 28, 2015.


JOHN WILLIAMS: Court to Take Up Exit Plan on Sept. 23
-----------------------------------------------------
A U.S. bankruptcy judge will consider approval of the Chapter 11
plan of reorganization of John and Beverly Williams at a hearing on
September 23.

Judge Phillip Shefferly of the U.S. Bankruptcy Court for the
Eastern District of Michigan will hold the hearing at 11:00 a.m.,
at Courtroom 1975, 211 West Fort Street, Detroit, Michigan.

Judge Shefferly will also consider at the hearing the final
approval of the Debtors' disclosure statement.  The bankruptcy
judge gave preliminary approval to the disclosure statement on July
27.

The court order set a September 16 deadline for creditors to cast
their votes and file their objections to the plan.

Under the proposed plan, creditors holding non-priority general
unsecured claims will be paid a dividend of 8.1% of their claims.
The Debtors will make 20 quarterly payments to the non-priority
general unsecured creditors in the amount of $525 each.

The Debtors own and manage multiple residential properties in the
City of Detroit.  They assume that they can achieve near 100%
occupancy, and that proceeds from management of the properties will
provide a fair distribution to creditors, according to the latest
plan.

A copy of the Chapter 11 plan of reorganization is available for
free at https://is.gd/AlRZRv

                  About John and Beverly Williams

John Williams and Beverly Williams commenced a Chapter 11 case
(Bankr. E.D. Mich. Case No. 15-53521) in 2015.  The Debtors are a
married couple who own and manage multiple residential properties
in the City of Detroit.  They are reorganizing and continuing their
business.


JONES ENERGY: Fitch Affirms 'B' Long-Term Issuer Default Rating
---------------------------------------------------------------
Fitch Ratings has affirmed the Long-Term Issuer Default Rating of
Jones Energy Holdings, LLC (JEH) at 'B'. JEH is a subsidiary of
Jones Energy Inc. (NYSE: JONE).

Ratings for JEH reflect reasonable credit metrics for the category,
good current hedge positions and defensive through-the-cycle
hedging philosophy, a competitive full-cycle cost structure and an
adequate liquidity profile considering the 2016 investment program
and the effects of recent stress in the oil & gas sector.

Company strengths are offset by small size, geographic
concentration, and the potential for sustained lower oil and
natural gas prices, which places additional importance on lowering
drilling and production costs, maintaining adequate hedge coverage,
and preserving liquidity and financial flexibility.

KEY RATING DRIVERS

Solid Operator with Good Full-cycle Cost Structure
JEH has a long track record in its primary area of operation
(Cleveland formation within the Anadarko Basin) and has developed
and improved production techniques specific to the Cleveland. This
allows the company to achieve competitive IRR's through low costs
even in a lower commodity price environment. As calculated by
Fitch, JEH generated unhedged cash netbacks of $5/boe in 2015, down
sharply from 2014 on lower revenue but still competitive with peers
with a similar production mix.

Lower Drilling Costs Support Margins

JEH has successfully lowered drilling costs by 50% since 2014, from
$3.8 million in 2014 to approximately $2 million in the first half
of 2016. Savings have resulted from a combination of reducing
drilling days (from 26 to 18) and vendor cost reductions. While
Fitch expects there will be some give back on service costs in a
higher price environment, fewer drilling days is a sustainable
efficiency that will allow the company to ultimately produce more
oil & gas for a given amount of rigs and capex.

Good Hedge Positions Through 2017

JEH has a track record of prudently hedging production volumes
through a variety of commodity price environments. From a credit
perspective, this provides increased visibility around cash flows
and credit metrics due to better top-line forecasts. JEH recently
locked in approximately $50 million in hedge gains related to
2018-2019 volumes by entering into offsetting swap positions. Based
on Fitch's base case production forecasts and hedge positions as of
June 30, 2016, JEH currently has approximately 80% of 2016 oil
hedged at $78/bbl, and 70% oil 2017 oil hedged at $67/bbl. The
mark-to-market value of hedges was $135 million as of July 28,
2016.

Reasonable Credit Metrics for Category

As calculated by Fitch, JONE debt/EBITDA was 3.3x in 2015, up from
2.9x in 2014. Fitch expects leverage of 3.6x and 4.7x in 2016 and
2017, respectively, with 2017 serving as an inflection point where
the rolling off of current hedge positions is counterbalanced by a
rising price deck. Interest coverage is forecasted at approximately
4.0x in 2016 and 2017. While out-year credit metrics will depend in
large part on future commodity prices and the ability to
economically hedge, Fitch believes that credit metrics will remain
in line for the rating at the base case price deck.

Commodity Price Headwinds

Lower oil and gas prices are a headwind for the entire E&P sector.
While JEH is reasonably well-protected through 2017 via hedge
positions, an extended down-cycle could begin to pressure
reinvestment, production volumes, and cash flow if the company is
not able to hedge future volumes at economic levels.

Geographic Concentration

JEH's single-basis focus in the Cleveland has pros and cons. On one
hand, a single-asset focus has allowed the company to eke out
production efficiencies and asset-specific techniques and lower
costs relative to basin peers. On the other hand, JEH is uniquely
exposed to the geology of the Cleveland, including EURs, decline
rates, and issues like local rig availability and changes in costs.
Fitch believes the positives outweigh the negatives in the case of
JEH, but a single-basin focus does serve to limit ratings upside in
the near term.

Small Size Relative to Peers

JEH 2015 production was approximately 25 mboe/d, which is small
relative to Fitch's monitored E&P peer universe. Based on limited
drilling activity in the first half of 2016, the company is guiding
to YoY production declines of approximately 25%, or full-year 2015
production of 17 mboe/d. Fitch believes that ratings upside will
likely be limited over the next two to three years due to size,
asset diversity, and the potential for loss of operational
momentum.

Recovery Analysis

JEH recoveries are estimated as outstanding ('RR1' - 100%) at the
first-lien secured level and as average ('RR4' - 31% to 50%) at the
unsecured level. Recovery values for JEH are based on estimated
liquidation values of proved (1P) reserves and other tangible
assets. Fitch makes adjustments for location and quality, oil & gas
mix, as well as adjustments related to their long term oil &
natural gas price deck.

KEY ASSUMPTIONS

Fitch's key assumptions within the rating case for JEH include:

   -- Oil prices of $42/bbl in 2016 and $45/bbl in 2017, trending
      upward to a long run price of $65/bbl;

   -- Natural Gas prices trending upward to a long run price of
      $3.25/mmbtu;

   -- Production volumes decline by 25% in 2016, then increase to
      approximately 21 mboe/d in 2019;

   -- 2016 capex is set at management guidance of $90 million. In
      out years, capex trends in-line with the price deck and
      supports higher YoY production growth in 2017-2018;

   -- Existing hedge positions protect cash flow through 2017;

   -- While Fitch expects JEH to layer on additional hedges
      opportunistically, no credit is given for potential hedges;

   -- Cash costs per boe are essentially flat, increasing at a
      0.9% CAGR through 2018 (modestly lower near term LOE
      increasing in out years on service cost give-back).

RATING SENSITIVITIES

Positive (individually or collectively)

   -- Growth in production volumes, reserves, and EBITDA leading
      to production over 50 mboe/day or mid-cycle EBITDA over $500

      million;

   -- Maintenance of debt/EBITDA in the 3.5-4.0x range and
      debt/flowing barrel below $35,000;

   -- Maintenance of a balanced financing policy and an adequate
      hedging program for growth in the face of higher commodity
      prices.

Fitch views positive ratings actions as unlikely in the near term.
Pressures from lower commodity prices will likely inhibit
production growth, which will be a key factor in improving relative
credit quality.

Negative (individually or collectively)

   -- Mid-cycle debt/EBITDA above 5.0x, driven by the inability to

      hedge future production at economic prices or increases in
      debt;

   -- Debt/flowing barrel greater than $45,000;

   -- Adoption of less conservative hedging policy, leading to
      reduced visibility on cash flows and increased vulnerability

      to lower oil and gas prices;

   -- Significant reduction in liquidity following aggressive use
      of revolver for growth, or lower borrowing base
      redeterminations.

Adequate Liquidity Positioning

Total liquidity is lower year over year as the company's borrowing
base was redetermined lower following changes in commodity prices.
The borrowing base was reduced to $410 million effective Aug. 1,
2016. Pro forma for the August borrowing base redetermination, JEH
has total liquidity of approximately $284 million, consisting of
$59 million in cash and $225 million available on the credit
facility. Facility utilization of $185 million was driven by the
company's repurchase of senior notes in the first half of 2016.
This served to reduce gross debt as the purchases were at
approximately 40% of par but is a moderate negative for near-term
liquidity. The company also expects that the borrowing base will be
increased to $425 million following the closing of the planned $27
million acquisition of assets in the Anadarko Basin. In addition,
the company's hedge positions should help to support the company's
near-term liquidity position.

The company has initiated an ATM program to issue incremental
equity during the balance of 2016. While a positive factor, Fitch
expects that total amounts received under the ATM in 2016 will be
modest.

FULL LIST OF RATING ACTIONS

Fitch has affirmed the following ratings:

   Jones Energy Holdings, LLC (JEH)

   -- Long-term Issuer Default Rating (IDR) at 'B';

   -- Senior secured first lien revolver at 'BB/RR1';

   -- Senior unsecured notes at 'B/RR4'.

The Rating Outlook is Stable.


JOSE MALDONADO MALAVE: Court to Take Up Plan Outline on Sept. 14
----------------------------------------------------------------
The U.S. Bankruptcy Court for the District of Puerto Rico is set to
hold a hearing on Sept. 14, at 9:00 a.m., to consider the
disclosure statement detailing the Chapter 11 plan of Jose Malave
and Zulma Recio Lopez.

The hearing will take place at the U.S. Bankruptcy Court, Jose V.
Toledo Federal Building and U.S. Courthouse, 300 Recinto, Sur,
Courtroom No. 1, Second Floor, Old San Juan, Puerto Rico.

Objections must be filed not less than 14 days prior to the
hearing.

                About Jose Malave and Zulma Lopez

Jose G. Maldonado Malave and Zulma I. Recio Lopez sought protection
under Chapter 11 of the Bankruptcy Code (Bankr. D.P.R. Case No.
15-06762) on September 1, 2015.  The case is assigned to Judge
Brian K. Tester.


KENTUCKY ASSOCIATES: Taps Callaghan Thompson as Tax Appeal Counsel
------------------------------------------------------------------
Kentucky Associates, LLC seeks authorization from the U.S.
Bankruptcy Court for the District of New Jersey to employ Callaghan
Thompson & Thompson as special counsel to assist the Debtor in the
prosecution of a real estate tax appeal pending with the City of
Atlantic City, NJ.

Callaghan Thompson will provide legal advice with respect to the
Debtor's tax appeal, prepare necessary pleadings, and all other
legal services which may be necessary.

Callaghan Thompson agreed to handle the Debtor's tax appeal for a
fee of one-third of the annual savings, if any, if the tax appeal
is successful.

William A. Thompson III of Callaghan Thompson, assured the Court
that the firm is a "disinterested person" as the term is defined in
Section 101(14) of the Bankruptcy Code and does not represent any
interest adverse to the Debtor and its estate.

Callaghan Thompson can be reached at:

       William A. Thompson III, Esq.
       CALLAGHAN THOMPSON & THOMPSON
       2428 Atlantic Avenue
       Atlantic City, NJ 08401
       Tel: (609) 348-5300
       Fax: (609) 345-5989

                  About Kentucky Associates

Kentucky Associates, L.L.C. sought protection under Chapter 11 of
the Bankruptcy Code (Bankr. D. N.J. Case No. 16-21083) on June 7,
2016.   The petition was signed by Michael Joffe, member.  The case
is assigned to Judge Jerrold N. Poslusny Jr.  The Debtor disclosed
total assets of $1.75 million and total debts of $1.23 million.


KEVIN JAMES ROBERG: Files Reorganization Plan
---------------------------------------------
Kevin James Roberg filed with the U.S. Bankruptcy Court for the
District of Arizona a plan of reorganization and disclosure
statement, which the Debtor will fund by making monthly payments
from his excess cash flow.

Class 7 - General Unsecured Claims, which total $155,273, will
receive quarterly distributions under the Plan on a pro-rata
basis.

The Debtor's income is primarily derived from wages through
International Cruise and Excursions, Inc., where he works as a
personal vacation consultant.  The Debtor also owns a rental
property, which generates some additional monthly income.

A full-text copy of the Disclosure Statement dated Aug. 1, 2016, is
available at http://bankrupt.com/misc/azb15-10365-81.pdf

Kevin James Roberg filed a Chapter 11 petition (Bankr. D. Ariz.
Case No. 15-10356) on August 14, 2015.

The Debtor is represented by:

     Pernell W. McGuire, Esq.
     M. Preston Gardner, Esq.
     MCGUIRE GARDNER
     40 E. Rio Salado Pkwy, Suite 425
     Tempe, AZ 85281
     Tel: (480) 733-6800
     Fax: (480) 733-3748
     Email: efile.dockets@davismiles.com


KONO CO: U.S. Trustee Unable to Appoint Committee
-------------------------------------------------
The Office of the U.S. Trustee disclosed in a court filing that no
official committee of unsecured creditors has been appointed in the
Chapter 11 case of Kono Co.

Kono Co filed a Chapter 11 bankruptcy petition (Bankr. W.D.PA. Case
No. 16-10643) on July 5, 2016, and is represented by John F. Kroto,
Esq., at Knox McLaughlin Gornall & Sennett as bankruptcy counsel.


LAST CALL GUARANTOR: Case Summary & 20 Top Unsecured Creditors
--------------------------------------------------------------
Debtor affiliates filing separate Chapter 11 bankruptcy petitions:

      Debtor                                      Case No.
      ------                                      --------
      Last Call Guarantor, LLC                    16-11844
      19111 Dallas Parkway
      Dallas, TX 75287

      Last Call Holding Co. I, Inc.               16-11845
      Last Call Operating Co. I, Inc.             16-11846
      F&H Restaurants IP, Inc.                    16-11847
      KS Last Call Inc.                           16-11848
      Last Call Holding Co. II, Inc.              16-11849
      Last Call Operating Co. II, Inc.            16-11850
      Champps Restaurants IP, Inc.                16-11851
      MD Last Call Inc.                           16-11852

Chapter 11 Petition Date: August 10, 2016

Court: United States Bankruptcy Court
       District of Delaware (Delaware)

Judge: Hon. Kevin Gross

Debtors' Counsel: Dennis A. Meloro, Esq.
                  GREENBERG TRAURIG, LLP
                  The Nemours Building
                  1007 North Orange Street, Suite 1200
                  Wilmington, DE 19801
                  Tel: 302-661-7000
                  Fax: 302-661-7360
                  E-mail: melorod@gtlaw.com

                    - and -

                  Nancy A. Mitchell, Esq.
                  Nancy A. Peterman, Esq.
                  Matthew Hinker, Esq.
                  GREENBERG TRAURIG, LLP
                  200 Park Avenue
                  New York, New York 10166
                  Tel: (212) 801-9200
                  Fax: (212) 801-6400
                  E-mail: mitchelln@gtlaw.com
                          petermann@gtlaw.com
                         hinkerm@gtlaw.com

                    - and -

                  John D. Elrod, Esq.
                  GREENBERG TRAURIG, LLP
                  3333 Piedmont Road, NE, Suite 2500
                  Atlanta, Georgia 30305
                  Tel: (678) 553-2259
                  Fax: (678) 553-2269
                  E-mail: elrodj@gtlaw.com

Estimated Assets: $10 million to $50 million

Estimated Liabilities: $100 million to $500 million

The petitions were signed by Roy Messing, chief restructuring
officer.

Last Call Guarantor's List of 20 Largest Unsecured Creditors:

   Entity                          Nature of Claim   Claim Amount
   ------                          ---------------   ------------
Gordon Food Services Inc.               Trade           $524,146
Payment Processing Center
Dept CH10490
Palatine, IL 60055

Direct TV Inc.                          Trade           $201,891

Right Place Media LLC                   Trade           $179,826

Ben E Keith Co. Inc.                    Trade           $168,570

Proof Advertising LLC                   Trade           $112,919

Shapco Printing Inc.                    Trade            $79,595

Edward Don & Company Inc.               Trade            $73,133

Regency Sign Company                    Trade            $65,558

DDRTC Overlook at King of Prussia     Landlord           $61,247

Hospitality Management Systems          Trade            $61,003

United Food Service Inc.                Trade            $56,351
dba Shamrock Foods

0564 Circle Centre Mall LLC             Trade            $55,698

M3 Technology                           Trade            $55,496

Street Retail Inc.                    Landlord           $50,080

Cleveland Menu Printing, Inc.           Trade            $47,806

NUCO2 LLC                               Trade            $47,490

Secureworks Inc.                        Trade            $46,746

Bonaventure                           Landlord           $46,042

GGP Limited PNRSHP DBA                 Landlord           $39,660
The Mall in Columbia Bus Trust

Aramark Uniform Services Inc.            Trade            $39,342


LAST CALL GUARANTOR: Seeks Joint Administration of Cases
--------------------------------------------------------
Last Call Guarantor, LLC, et al., asked the Bankruptcy Court to
authorize and direct the joint administration of their Chapter 11
cases for procedural purposes only in order to ease the
administrative burden on the Court and the parties, and protect
creditors of different estates against potential conflicts of
interest.

The Debtors anticipate that there will be numerous notices,
applications, motions, other documents, pleadings, hearings and
orders in these Chapter 11 cases.  The Debtors said that joint
administration will:

   (a) permit the Clerk to use a single general docket for each of
       the Debtors' Chapter 11 cases and to combine notices to
       creditors and other parties-in-interest of their respective

       estates;

   (b) protect parties-in-interest by ensuring that such parties-
       in-interest in each of the Debtors' respective Chapter 11
       cases will be apprised of the various matters before the
       Court in each of these Chapter 11 cases;

   (c) avoid duplicative pleadings being filed and served upon
       parties identified in separate service lists;

   (d) simplify the supervision of the administrative aspects of
       these Chapter 11 cases by the Office of the United States  
       Trustee.

The Debtors maintained that the rights of their respective
creditors will not be adversely affected by joint administration
inasmuch as the relief requested is procedural in nature only and
is in no way intended to affect substantive rights.  Each
party-in-interest will maintain claims or rights it has against the
particular estate in which it allegedly has a claim or right.

The Debtors propose that  the docket in Case No. 16-11844 should be
consulted for all matters affecting this case.

                  About Last Call Guarantor

Headquartered in Dallas, Texas, and with operations in 25 states,
the Debtors own and operate sports bar and casual family-dining
restaurants under three well-recognized concepts, namely Fox &
Hound, Bailey's Sports Grille, and Champps.  The Debtors operate 48
Fox & Hound locations, nine Bailey's locations, and 23 Champps
locations.  The Debtors have franchise agreements with five
franchisees for Champps Restaurants.  The Debtors have more than
4,700 full and part-time employees.

On Aug. 10, 2016, each of Last Call Guarantor, LLC, Last Call
Holding Co. I, Inc., Last Call Operating Co. I, Inc.,  F&H
Restaurants IP, Inc., KS Last Call Inc., Last Call Holding Co. II,
Inc., Last Call Operating Co. II, Inc., Champps Restaurants IP,
Inc. and MD Last Call Inc. filed a Chapter 11 bankruptcy petition
(Bankr. D. Del. Case Nos. 16-11844 to 16-11852).  The petitions
were signed by Roy Messing as chief restructuring officer.

Last Call Guarantor estimated assets in the range of $10 million to
$50 million and liabilities of $100 million to $500 million.

Greenberg Traurig, LLP, serves as counsel to the Debtors.

Judge Kevin Gross is assigned to the cases.


LATTER RAIN: Plan Confirmation Hearing Set for Aug. 30
------------------------------------------------------
Chief United States Bankruptcy Judge Ronald B. King granted
conditional approval to the Revised First Amended Combined
Disclosure Statement explaining the Plan of Reorganization filed by
Latter Rain Ministries dated August 2, 2016.

The Court set these critical deadlines:

     1. Confirmation Hearing: August 30, 2016 at 1:45p.m. in the
U.S. Bankruptcy Courtroom, Midland Room 300, U.S. Courthouse, 100
E. Wall Street, Midland, Texas.

     2. Deadline to Object to Confirmation of Plan: August 26,
2016

     3. Deadline for Ballot to be received by Debtor’s attorney:
August 26, 2016

     4. Deadline for Debtor’s attorney to mail plan package to
matrix: August 5, 2016

     5. Ballots will be submitted to:

        Max R. Tarbox, Esq.
        Tarbox Law, P.C.
        2301 Broadway
        Lubbock, TX 79401
        Tel: (806) 686-4448
        Fax: (806) 368-9785

Latter Rain Ministries filed a Chapter 11 petition (Bankr. W.D.
Tex. Case No. 16-70014) on Jan. 29, 2016, and is represented by
Max R. Tarbox, Esq., at Tarbox Law, PC, in Lubbock, Texas.  The
case is assigned to Judge Ronald B. King.  At the time of filing,
the Debtor had $1 million to $10 million in estimated assets and
$1
million to $10 million in estimated liabilities.  The petition was
signed by Craig DeArmond, director.


LAURA ANTUNEZ: Unsecured Creditors to Get 25% Under Exit Plan
-------------------------------------------------------------
General unsecured creditors will get 25% of their claims under a
Chapter 11 plan of reorganization proposed by Laura Antunez.

Under the plan, Class 3 general unsecured creditors will receive a
pro rata distribution of 25% of their claims in equal monthly
payments over 48 months.

The payments will continue for 48 months after the restructuring
plan takes effect, according to the disclosure statement filed with
the U.S. Bankruptcy Court for the Southern District of Florida.

A copy of the disclosure statement is available for free at
https://is.gd/dmgkEC

                       About Laura Antunez

Laura Antunez initially filed a Chapter 13 case with the intention
of modifying the mortgage held by Wachovia National Bank
Association on a single-family house in Coral Springs, Florida.  
The property was the subject of a foreclosure action.

Following the lender's refusal to cooperate, the Chapter 13 case
was converted to a Chapter 11 case (Bankr. S.D. Fla. Case No.
13-30387) to avoid dismissal.


LESLIE'S POOLMART: Debt Modification No Impact on Moody's B2 Rating
-------------------------------------------------------------------
Moody's Investors Service said that Leslie's Poolmart, Inc.'s
("Leslie's", B2 stable) change in its proposed debt structure does
not impact the company's ratings or stable outlook.

Leslie's Poolmart, Inc. is a specialty pool supplies retailer that
operated 893 stores and commercial centers as of June 2016.
Leslie's is jointly owned by CVC Capital Partners (majority
ownership) and Leonard Green & Partners.  Revenues for the twelve
months ended 3Q 2016 pro-forma for run rate impact of the recent
acquisitions revenue would be approximately $872 million.


LIGHTHOUSE HISTORICAL: Court to Take Up Bankruptcy Plan on Sept. 7
------------------------------------------------------------------
A U.S. bankruptcy judge will consider approval of the Chapter 11
plan of Lighthouse Historical Foundation Inc. at a hearing on
September 7.

Judge Mildred Caban Flores of the U.S. Bankruptcy Court for the
District of Puerto Rico will hold the hearing at 9:00 a.m., at the
U.S. Bankruptcy Court, Jose V. Toledo U.S. Post Office and
Courthouse Building, Courtroom 3, Third Floor, 300 Recinto Sur
Street, San Juan, Puerto Rico.

The bankruptcy judge will also consider at the hearing the final
approval of Lighthouse's disclosure statement, which she
conditionally approved on July 28.

Creditors are required to cast their votes and file their
objections on or before 14 days prior to the September 7 hearing.

Under the proposed plan, general unsecured creditors will receive
cash payments, which Lighthouse has valued at 30% of their allowed
claims.  The plan divides claims into three classes, which will be
paid in cash over five years.

A copy of the disclosure statement is available for free at
https://is.gd/8PlUFq

Lighthouse is represented by:

     Jose Ramon Cintron, Esq.
     Condado 605, Suite 602
     Santurce, Puerto Rico 00907
     Tel: 787-725-4027
     Cel: 787-605-3342
     Fax: 787-725-1709
     Email: jrcintron@prtc.net
     Email: lawoffice602@gmail.com

            About Lighthouse Historical Foundation

Lighthouse Historical Foundation Inc. is a non-profit organization
engaged in the protection and maintenance of the Arecibo
Lighthouse.  The Debtor operates a maritime history museum, small
zoo and aquarium, water park, souvenir shop and cafeteria at the
site.

The Debtor sought protection under Chapter 11 of the Bankruptcy
Code (Bankr. D.P.R. Case No. 15-10029) on December 18, 2015.


LINCOLN PAPER: Hires Eisenstein as Insurance Claims Consultant
--------------------------------------------------------------
Lincoln Paper and Tissue, LLC, seeks authority from the U.S.
Bankruptcy Court for the District of Maine to employ Eisenstein
Malanchuk LLP as consultant to negotiate environmental insurance
coverage to the Debtor.

Lincoln Paper requires Eisenstein to:

-- present and help negotiate environmental insurance coverage
    claims on behalf of the Debtor; and

-- pursue coverage under insurance policies entered into in
    advance of the Debtor purchasing the mill facility and
    related assets in 2004 and shall be limited to insurance
    policies entered into by parties other than the Debtor and/or
    its parent company.

Eisenstein will be paid at these hourly rates:

   (a) The Debtor will pay a fee to EM of 35% of all gross
       recoveries arising out the Engagement; and

   (b) Eisenstein will bear all of its own costs and expenses and
       will fully fund any necessary expert work, including any
       needed insurance, archeology, or environmental experts.

Eisenstein will also be reimbursed for reasonable out-of-pocket
expenses incurred.

John L. Malanchuk, member of Eisenstein Malanchuk LLP, assured the
Court that the firm is a "disinterested person" as the term is
defined in Section 101(14) of the Bankruptcy Code and does not
represent any interest adverse to the Debtors and their estates.

Eisenstein can be reached at:

     John L. Malanchuk
     EISENSTEIN MALANCHUK LLP
     1048 Potomac Street, NW
     Washington, DC 20007
     Tel: (202) 965-4700
     Fax: (202) 965-1808

                       About Lincoln Paper

Lincoln Paper and Tissue, LLC, filed a Chapter 11 bankruptcy
petition (Bankr. D. Maine Case No. 15-10715) on Sept. 28, 2015.
Keith Van Scotter signed the petition as president and CEO. The
Debtor estimated both assets and liabilities of $10 million to $50
million.

Judge Peter G. Cary is assigned to the case.

The Debtor has engaged Bernstein Shur Sawyer & Nelson as counsel,
Spinglass Management Group as financial advisor, and SSG Capital
Advisors, LLC as investment banker.

Lincoln is a manufacturer of white tissue located on approximately
350 acres of land along the Penobscot River in Lincoln, Maine. The
Company claims to have produced 70,000 tons of tissue and 75,000
tons of specialized, high-bulk uncoated free-sheet paper.


LOGAN'S ROADHOUSE: Moody's Lowers PDR to D-PD on Bankruptcy Filing
------------------------------------------------------------------
Moody's Investors Service downgraded Logan's Roadhouse Inc.'s
Probability of Default Rating to D-PD from Ca-PD following the
company's filing voluntary petitions in United States Bankruptcy
Court for the District of Delaware, seeking relief under the
provisions of Chapter 11 of the United States Bankruptcy Code.  At
the same time, Moody's affirmed the company's Ca Corporate Family
Rating and Ca senior secured notes rating.  The Speculative Grade
Liquidity Rating is affirmed at SGL-4, and the outlook remains
negative.

Moody's will withdraw all of Logan's ratings and outlook in the
near future.

Ratings downgraded:
  Probability of Default Rating to D-PD from Ca-PD

Ratings affirmed:
  Corporate Family Rating at Ca
  $144 million senior secured second lien notes due October 2017
   at Ca (LGD4)
  Speculative Grade Liquidity Rating at SGL-4

                         RATINGS RATIONALE

Logan's D-PD reflects its bankruptcy filing on Aug. 8, 2016.  The
company's ratings were previously downgraded in April when the
company announced that it elected not to make the scheduled
interest payment due on its 10.75% senior secured second lien notes
due 2017.  The company did not make the payment within the allowed
30-day grace period.  The company has been engaged in discussions
with noteholders and stakeholders regarding strategic alternatives
to improve liquidity.

Logan's Roadhouse, Inc. headquartered in Nashville, Tennessee, owns
and operates 230 and franchises 26 traditional American
roadhouse-style steakhouses in 23 states.  Annual revenues are
approximately $600 million.  Kelso & Company, L.P. owns
approximately 97% and management investors owns 3% of the capital
stock Roadhouse Holdings Inc., the parent holding company of
Logan's.

The principal methodology used in these ratings was Restaurant
Industry published in September 2015.


LONESTAR INTERMEDIATE: Moody's Assigns B2 CFR, Outlook Stable
-------------------------------------------------------------
Moody's Investors Service has assigned a B2 corporate family rating
and B2-PD probability of default rating to Lonestar Intermediate
Super Holdings, LLC, a wholly owned subsidiary of NEW Asurion
Corporation (NEW Asurion) and indirect parent of Asurion, LLC.
This rating action follows the company's announcement that it will
raise $550 million through a five-year senior unsecured term loan
at Lonestar, and use proceeds to repurchase shares and options.
Based on the group's changing mix of credit facilities, Moody's has
downgraded Asurion, LLC's first-lien credit facilities to B1 from
Ba3, affirmed its second-lien term loan at Caa1 and assigned a Caa1
rating to the new unsecured term loan at Lonestar. The outlook for
the ratings is stable.

                        RATINGS RATIONALE

NEW Asurion's ratings reflect its dominant position in mobile
protection (MP) distributed through wireless carriers in the US,
its significant market presence in Japan, and its growing presence
in other selected international markets, said Moody's.  NEW Asurion
also has a good position in the US market for extended service
contracts (ESC).  The group as a whole has a record of efficient
operations, excellent customer service and profitable growth in
core and related businesses.  These strengths are offset by the
group's high financial leverage, its business concentrations among
certain wireless carriers and retailers, and slowing growth
prospects in the relatively mature US ESC market. Also, risk
management becomes a greater challenge as the group expands
internationally.

NEW Asurion has improved its profitability over the past couple of
years through healthy revenue growth in US and international MP,
along with cost savings from a prior restructuring program. Moody's
expects the group to remain a global leader in MP.

NEW Asurion will use proceeds from the Lonestar borrowing to fund
an equity tender offer, further reducing the portion held by
private equity sponsors, and to pay related fees and expenses.
Giving effect to this borrowing, the group will have total
borrowings of $8.2 billion, resulting in a debt-to- EBITDA ratio in
the range of 6.5x-7x and (EBITDA - capex) coverage of interest of
about 2x, per Moody's calculations.  The rating assessment
incorporates accounting adjustments for operating leases and
noncontrolling interest expense, along with potential
prioritization of certain trade payables.  NEW Asurion's financial
leverage is somewhat high for the single-B rating category, but
Moody's expects the company to reduce it gradually following the
transaction.

Factors that could lead to an upgrade of NEW Asurion's ratings
include: (i) debt-to-EBITDA ratio below 6x, (ii) (EBITDA - capex)
coverage of interest exceeding 2.5x, (iii) free-cash-flow-to-debt
ratio above 6%, and (iv) EBITDA margins exceeding 20%.

Factors that could lead to a rating downgrade include: (i)
debt-to-EBITDA ratio above 7x, (ii) (EBITDA - capex) coverage of
interest below 1.5x, (iii) free-cash-flow-to-debt ratio below 3%,
or (iv) EBITDA margins below 15%.

Moody's has assigned these ratings (and loss given default (LGD)
assessment) to Lonestar Intermediate Super Holdings, LLC:

  Corporate family rating at B2;
  Probability of default rating at B2-PD;
  $550 million five-year senior unsecured term loan at Caa1
   (LGD6).

Moody's has taken these rating actions with respect to Asurion,
LLC:

  Downgraded $190 million first-lien revolving credit facility
   expiring in 2019 to B1 (LGD3) from Ba3 (LGD3);
  Downgraded first-lien term loans to B1 (LGD3) from Ba3 (LGD3),
   including $2,015 million ($1,933 million outstanding) maturing
   in 2019, $850 million ($815 million outstanding) in 2020 and
   $2,725 million ($2,667 million outstanding) in 2022;
  Affirmed $2,150 million second-lien term loan maturing in 2021
   at Caa1 (LGD5).

Moody's has also withdrawn Asurion, LLC's B2 corporate family
rating and B2-PD probability of default rating.

The principal methodology used in these ratings was Insurance
Brokers and Service Companies published in December 2015.

Based in Nashville, Tennessee, NEW Asurion is a leading provider of
protection programs for wireless devices and consumer electronics
both domestically and internationally.  NEW Asurion is owned by a
consortium of private equity firms, other institutional investors
and company founders and managers.


LONG ISLAND BANANA: Brooke, Y. Hoey Compelled to Disgorge $14K
--------------------------------------------------------------
Judge Arthur D. Spatt of the United States District Court for the
Eastern District of New York adopted in its entirety, the July 7,
2016 Report and Recommendation by United States Magistrate Judge A.
Kathleen Tomlinson.

Judge Tomlinson made the following recommendations to the court:

   (1) That Brooke Enterprises be compelled to disgorge the
approximately $10,000 to $12,000 in sale proceeds in its possession
in Hudson Valley Bank account number 2000728001, and that such
funds be deposited in the PACA escrow account created in this
action;

   (2) That Yolanda Hoey be compelled to disgorge the $2,000 in
sale proceeds distributed to her by way of check numbers 0096 and
109 drawn on Hudson Valley Bank account number 2000058806, and that
such funds be deposited in the PACA escrow account created in this
action; and

   (3) The record is insufficient to determine whether the
remaining distributees of the sale proceeds outlined in the chart
may be compelled to disgorge the PACA Trust assets in their
possession.  However, it was recommended that this Court permit the
Plaintiffs to seek such relief by way of motion on notice at a
later date.

The case is Chiquita Fresh North America, LLC, Dole Fresh Fruit
Company, S. Katzman Produce Inc. and Katzman Berry Corp.,
Plaintiffs, v. Fierman Produce Exchange Inc. and Morris Okun, Inc.
Intervening Plaintiffs, v. Long Island Banana Corp., Suffolk Banana
Co., Inc., Thomas J. Hoey, Yolanda Hoey, Brook Enterprises Ltd., H
B Realty Corp. and Stuls Holdings Corp., Defendants, No.
14-cv-0982(ADS)(AKT) (E.D.N.Y.).

A full-text copy of Judge Spatt's July 28, 2016 order is available
at https://is.gd/5S73aK from Leagle.com.

Chiquita Fresh North America, LLC, Dole Fresh Fruit Company, S.
Katzman Produce Inc., Katzman Berry Corp., Fierman Produce Exchange
Inc., Morris Okun, Inc., are represented by:

          Gregory Adam Brown, Esq.
          MCCARRON & DIESS
          4530 Wisconsin Avenue, N.W., Suite 301
          Tel: (202)634-0400
          Fax: (202)564-2731
          Email: gbrown@mccarronlaw.com
                 
Long Island Banana Corp., Suffolk Banana Co. Inc., are represented
by:

          Gary M Kushner, Esq.
          GOETZ FITZPATRICK LLP
          One Penn Plaza, 44th Floor
          New York, NY 10119
          Tel: 212-695-8100 Ext. 338
          Fax: 212-629-4013
          Email: gkushner@goetzfitz.com

            -- and --
          
          James Glucksman, Esq.
          HERRICK FEINSTEIN LLP
          Two Park Avenue
          New York, NY 10016
          Tel: (212)592-1400
          Fax: (212)592-1500

Brook Enterprises Ltd., H B Realty Corp., Stuls Holding Corp., are
represented by:

          Robert L. Rattet, Esq.
          James Glucksman, Esq.
          HERRICK FEINSTEIN LLP
          Two Park Avenue
          New York, NY 10016
          Tel: (212)592-1400
          Fax: (212)592-1500
          Email: rrattet@herrick.com

28 William Street Corp. is represented by:

          Joseph S. Maniscalco, Esq.
          LAMONICA HERBST AND MANISCALCO
          3305 Jerusalem Avenue
          Wantagh, NY 11793
          Tel: (516)826-6500
          Fax: (516)826-0222
          Email: jsm@lhmlawfirm.com

Circus Fruits Wholesale Corp. is represented by:

          Craig Alan Stokes, Esq.
          STOKES LAW OFFICE LLP
          3330 Oakwell Court, Suite 1208
          San Antonio, TX 78218
          Tel: (210)804-0011
          Email: cstokes@stokeslawoffice.com

Del Monte Fresh Produce N.A., Inc., Banacol Marketing Corporation,
are represented by:

          Ryan Gembala, Esq.
          MARTYN & ASSOCIATES
          820 W. Superior Avenue, 10th Floor
          Cleveland, OH 44113
          Tel: (216)861-4700
          Fax: (216)861-4703

Citibank, N.A. is represented by:

          Joshua Nicholas Howley, Esq.
          SILLS CUMMIS & GROSS P.C.
          The Legal Center
          One Riverfront Plaza
          Newark, NJ 07102
          Tel: (973)643-7000
          Fax: (973)643-6500
          Email: jhowley@sillscummis.com


LONGHORN MIDCO II: S&P Assigns 'B' CCR, Outlook Stable
------------------------------------------------------
S&P Global Ratings assigned its 'B' corporate credit rating to
Austin, Texas-based Longhorn Midco II LLC (CLEAResult).  The
outlook is stable.

Additionally, S&P assigned a 'B' issue-level rating to the
company's proposed $370 million senior secured first-lien credit
facility, which consists of a five-year $40 million revolving
credit facility and a seven-year $330 million first-lien term loan.
The new debt is being issued by subsidiary CRCI Holdings Inc.  The
recovery rating is '3', indicating S&P's expectation for meaningful
(50%-70%, on the high end of the range) recovery in the event of a
default.

The ratings assume the transaction closes substantially on the
terms presented to S&P. Pro  forma debt outstanding is about
$371 million.

"Our ratings reflect CLEAResult's relatively small scale as a niche
player, narrow business focus providing energy efficiency solutions
to utility companies, and some customer concentration," said S&P
Global Ratings credit analyst Stephanie Harter. Furthermore, the
company's majority ownership by a financial sponsor currently
constrains S&P's view of the company's financial risk profile,
given ownership is recapitalizing the company to more than 5x debt
to EBITDA while paying a dividend.  Pro forma for the refinancing
transaction, S&P estimates CLEAResult's adjusted debt to EBITDA
totals about 5.7x, which S&P expects to improve to below 5x over
the next year primarily reflecting EBITDA growth from recent
acquisitions, including last year's acquisition of Triple Point
Energy and Conservation Services Group (CSG), but also from debt
repayment from free cash flow, which S&P expects to exceed $15
million annually once its recent acquisitions are fully integrated.


S&P's stable outlook reflects its expectation that the company will
successfully integrate its recent acquisitions with very little
integration risk given the progress it already has achieved.  S&P
expects the company will expand EBITDA margins as organic sales
grow modestly.  This should permit the company to materially
improve its annual run-rate free cash flow and steadily reduce
leverage including debt to EBITDA below 5x over the next year.

S&P could lower the ratings if the company experiences much weaker
operating performance than projected in S&P's base-case forecasts,
or if its sponsor ownership adopts a more aggressive financial
policy.  S&P believes operating performance could suffer either
because of unforeseen competitive threats, possibly from larger
vertically integrated utilities competing away the company's market
share, or because the company does not perform on its contracts and
fails to renew key relationships with utility clients; both are
risks S&P do not currently assess as highly likely.  Nonetheless,
S&P believes this risk could cause earnings volatility and EBITDA
margins to weaken by more than 250 basis point resulting in a
downgrade.  S&P could also lower the rating if the company makes a
sizable debt-financed acquisitions or distribution to sponsors such
that debt to EBITDA approaches 7x.

S&P could raise the rating on CLEAResult if the company's financial
sponsor reduces debt to EBITDA to well below 5x and demonstrates a
commitment to sustaining leverage at these levels for several
consecutive quarters, such that any possible future acquisition or
shareholder remuneration would not likely result in debt to EBITDA
reverting to more than 5x.


LTR HOLDCO: S&P Lowers CCR to 'D' on Missed Interest Payment
------------------------------------------------------------
S&P Global Ratings lowered its corporate credit rating on
U.S.-based oilfield services company LTR Holdco Inc. to 'D' from
'CCC+'.

At the same time, S&P lowered its issue-level rating on the
company's senior secured notes to 'D' from 'CCC+'.  The recovery
rating remains '4', indicating S&P's expectation of average (30% to
50%, lower half of the range) recovery in the event of a payment
default.

"The downgrade reflects LTR Holdco's decision to skip its interest
payment on its 8.125% senior secured notes due 2019 and our view
that it will not make this payment within the 30-day grace period,"
said S&P Global Ratings credit analyst Carin Dehne-Kiley.

The company has entered into a restructuring support agreement with
over 80% of its noteholders and 90% of its equity holders, under
which it would exchange the $330 million of existing senior secured
notes for 100% of the equity of a new parent entity (to be called
New LTR Holdings) and $30 million in new 10% senior secured PIK
notes, and under which the existing common stock, senior preferred
stock and convertible preferred stock will be cancelled. The
company intends to commence a solicitation of votes on the
reorganization plan no later than Aug. 22, and commence Chapter 11
cases no later than Aug. 31, 2016.



LUIS BURGOS: Court Allows 45-day Extension to Briefing Schedule
---------------------------------------------------------------
Judge Jennifer A. Dorsey of the United States District Court for
the District of Nevada approved the parties' stipulation to extend
the briefing schedule in the case captioned JONATHAN B. GOLDSMITH,
ESQ., Appellant, v. UNITED STATES TRUSTEE, Appellee, Case No.
2:15-cv-2473-JAD (D. Nev.), relating to In re: LUIS BURGOS and
DORIAN BURGOS, Chapter 11, Debtor.

The parties sought respective 45-day extensions of time to the
opening and answering brief, allowing the appellant until September
22, 2016 to file an opening brief and the appellant until November
7, 2016 to file the answering brief.  The appellant shall have
until November 21, 2016 to file and serve a reply brief.

A full-text copy of Judge Dorsey's July 25, 2016 order is available
at https://is.gd/APIOCD from Leagle.com.

Jonathan B. Goldsmith, Esq. is represented by:

          Jonathan Goldsmith, Esq.
          1350 Main Street, Suite 1505
          Springfield, MA 01103
          Tel: (413)737-5996
          Fax: (413)781-3780
          Email: jgoldsmith@gkalawfirm.com

United States Trustee is represented by:

          Brian E. Goldberg, Esq.
          OFFICE OF THE UNITED STATES TRUSTEE
          300 Las Vegas Boulevard South, Suite 4300
          Las Vegas, NV 89101
          Tel: (702)388-6600
          Fax: (702)388-6658

U.S. Trustee, Trustee, is represented by:

          Terri H. Didion, Esq.
          U.S. DEPT. OF JUSTICE
          2500 Tulare Street, Suite 1401
          Fresno, CA 93721
          Tel: (559)487-5002
          Fax: (559)487-5030


MARBURN STORES: Sells Substantially All Assets for $793K to G-MAXX
------------------------------------------------------------------
Donald W. Clarke, counsel for Marburn Stores, Inc., will ask the
U.S. Bankruptcy Court for the District of New Jersey to authorize
the sale of substantially all of the Debtor's assets to G-MAXX
Group, LLC, for $792,581, subject to overbid.

Marburn Stores, Inc., doing business as Marburn Curtains/Martin
Curtain Warehouse, was started in 1956 by its founder Bernard
Hinden, as a single department in the Sloan's Home Fair Store in
Union City, New Jersey.  Over the years, Marburn grew to 21
independent retail stores, located in New York, New Jersey and
Pennsylvania.  When the original owner of Marburn decided to
withdraw from the company, he sold ownership of Marburn to its
employees, under an Employee Stock Ownership Plan.

For the year 2014, Marburn generated gross sales of approximately
25,000,000.  Unfortunately, because of a number of factors, Marburn
suffered an operating loss for the year 2014 in the approximate
amount of $2,500,000.

In light of the losses being incurred through operations,
management of Marburn took steps to preserve available cash, such
as laying off unnecessary personnel and closing stores.
Unfortunately, the lack of sales during early 2015 has placed
Marburn in a cash position here it cannot meet its ongoing
obligations.

At the time of the Chapter 11 filing, Marburn was indebted to its
suppliers and other vendors in the approximate amount of
$1,600,000.  In addition, Marburn owed prepetition rent to its
Landlords totaling 400,000.

On April 13, 2016, the Debtor retained Cambridge Financial Service,
LLC.  As a result of Cambridge's efforts, the Debtor conducted
discussions with multiple sources of financing with the goal of
funding a Plan of Reorganization to allow the Debtor to exit
bankruptcy.

On May 20, 2016, the Court entered an Order extending the Debtor's
exclusivity period to file a plan of reorganization through July
25, 2016. Unfortunately, the Debtor did not receive any feasible
offers for alternative funding that would have yielded a reasonable
distribution to the creditors, and still enable the Debtor to
continue to operate.

At present, the Debtor does not have a bank line or sufficient cash
to continue its operations.

Earlier in these proceedings, G-MAXX approached the Debtor and
expressed interest in the Debtor's operations as a going-concern
but never submitted an offer after an exchange of information. Once
the Debtor determined that it would be unable to reorganize,
discussions with G-MAXX were renewed.

The Debtor and G-MAXX executed their Purchase and Sale Agreement.
The purchase price pursuant to the G-MAXX APA will be $792,581,
which will be payable as follows:

    a. $79,258 upon the execution of the agreement by Debtor and
buyer, which will be credited to the payment of the purchase price
at Closing, and

    b. $713,323 in immediately available funds at closing, subject
to the adjustments set forth in Section 3(b) of the G-MAXX APA.

The purchase price is based upon the Inventory Cost Value. Two days
prior to the closing date, G-MAXX will perform an inventory
valuation, and an adjustment will be made to the Purchase Price
("Purchase Price Adjustment"). The Purchase Price Adjustment will
increase or decrease the purchase price by $0.35 for every $1
difference from the Inventory Cost Value. In addition to the
purchase price of $792,581, the buyer will also be paying the cure
claims for 13 of the Debtor's leased locations, which cure amounts
the Debtor and its real estate consultants, Keen-Summit Capital
Partners, LLC, have advised the Purchaser total $240,979. Thus
buyer's total cash outlay under the G-MAXX APA will be $1,033,560
("Aggregate Cash Outlay"). The purchase price is guaranteed by
Popular Bath Products, Inc., a New York Corp.

Although the Debtor believes that the terms of the Stalking Horse
Bid are fair and reasonable and reflect the highest and best value
for the assets as of the date of the sale Motion, the Bankruptcy
Code requires that the Debtor seeks higher and better offers for
the assets. Accordingly, bidding procedures ("Bidding Procedures")
were developed consistent with the Debtor's need to expedite the
sale and maximize returns for the estate, while taking into account
that no other interested potential buyers have come forward or
shown interest since the Petition Date.

Pursuant to the Bidding Procedures, a potential bidder must provide
a signed asset purchase agreement in similar form to the G-MAXX
APA, such financial and other information as the Debtor will
reasonably deem necessary to provide sufficient support for the
ability of the potential bidder to consummate a transaction and
adequately assure of the potential bidder's ability to continue to
satisfy the obligations under the leases to be assigned, if such
potential bidder is selected as the successful bidder, and a
deposit of not less than 10% of the total value of the bid. Backup
bidder deposits will be refunded after the closing on a successful
bid.

For purposes of the sale, G-MAXX will be considered a qualified
bidder. All bids must propose a purchase price equal to or greater
than the aggregate of the sum of (i) the actual value of the
purchase price; plus (ii) the sum of $125,000 in cash or cash
equivalents.

In the event qualified bids are received by the bid deadline and
accepted by the Debtor, an auction will be conducted at the office
of the Debtor's bankruptcy counsel, Wasserman, Jurista & Stolz, PC,
110 Allen Road, Ste. 304, Basking Ridge, New Jersey.

Qualified bidders may enhance their bids at the auction by
increments of $50,000.

If there are no qualified bids received or otherwise accepted by
the Debtor, there will be no auction and the Debtor will seek
approval of the stalking horse bid without further notice to any
party, in accordance with the Sale Motion and the Order scheduling
the Sale Hearing.

The Debtor respectfully requests that the Court schedule a Sale
Hearing to consider the approval of the G-MAXX APA or Qualified APA
of the successful bid, the proposed Sale Order.

A copy of the G-MAXX PSA and the proposed Sale Order attached to
the Motion is available for free at:

              
http://bankrupt.com/misc/Marburn_Stores_242_Sales.pdf

To compensate G-MAXX for serving as a "stalking horse", whose bid
will be subject to higher or better offers, the Debtor seeks to
provide G-MAXX with certain Stalking Horse Protections, in the
event that it is not the successful bidder. The Debtor believes
that the Stalking Horse Protections are reasonable, given the
benefits to the Estate of having a definitive agreement and the
risk to G-MAXX that a third party offer ultimately may be accepted,
and the Stalking Horse Protections are necessary to preserve and
enhance the value of the Estate.

To be clear, the Stalking Horse Protections the Debtor is seeking
approval of consist of the capped Expense Reimbursement of the fees
and expenses incurred by the stalking horse bidder (including its
reasonable legal fees), in the event it is not selected as the
successful buyer of the Debtor's assets, and requires an
application to the Court. That reimbursement is capped at less than
9% of the Aggregate Cash Outlay by the Stalking Horse Bidder, and
it is not a certainty that any subsequent application made by the
buyer will request the full amount.

In connection with the Stalking Horse Bid, G-MAXX has indicated the
locations out of which it intends to continue to operate, and the
Debtor respectfully requests the Court authorize the Debtor to
assume the unexpired leases referenced in Schedule 1(a)(v) attached
to the G-MAXX APA, and assign same to G-MAXX ("Purchased Leases").

For each of the Purchased Leases, the Debtor has indicated the
leased premises, the landlord, the outstanding cure amount ("Cure
Amount"), and whether there exists any modifications to be
authorized for each of the Purchased Leases. The Debtor
respectfully requests the Court approve any modifications to the
Purchased Leases, and authorize the assumption by the Debtor and
assignment to the successful bidder.

Marburn Stores, Inc., specializes in curtains, draperies and
window
treatments, and also carries a complete line of home furnishings.
Marburn Stores filed a Chapter 11 petition (Bank. D. N.J. Case No.
15-14411) on March 13, 2015.  The Debtors disclosed total assets
of
$7.25 million and debts of $2.85 million.  The petition was signed
by Edwin F. Hund, president and CEO.


MARGARET M. MCGREEVY: Plan Provides $100,000 for Unsecureds
-----------------------------------------------------------
Margaret M. McGreevy on July 29, 2016, filed a motion seeking
approval of the Amended Disclosure Statement explaining her Plan of
Reorganization dated July 29, 2016.

According to the Amended Disclosure Statement, the Debtor will
contribute five years of her net income from Claire John Seven,
LLC, to fund the Plan.  As this income is likely insufficient to
fund the entire Plan, the remaining obligations of the Plan will be
funded by her husband, through the operations of McGreevy Family 2,
LP.

The contributions from the business operations of the Debtor's
spouse shall fund (a) any shortfall in the Debtor's household and
living expenses over and above her income from Claire John Seven,
LLC (including her then-current mortgage and tax obligations) (b)
payments made to the Class 1 Creditor, Wilmington Savings Fund
Society ("WSFS") to cure arrearages on the first and second
mortgage positions on the Debtor's residence, (c) payments upon the
Debtor's obligations to Unsecured Priority Creditors holding
priority tax claims, and (d) a "pot" for pro rata distributions to
all unsecured creditors.

Secured creditor is owed $76,423 on a first mortgage and $589,604
on a second mortgage.  General unsecured creditors are owed a total
of $3,536.

The Debtor will make payments to allowed unsecured Creditors of
$20,000 per year for five years, totaling $100,000, which will be
distributed pro rata to the holders of allowed unsecured claims,
including the unsecured claims resulting from the removal of liens
held by creditors in other classes.

A copy of the Amended Disclosure Statement dated July 29, 2016:

    http://bankrupt.com/misc/M_McGreevy_72_Exh_Am_DS.pdf

                      About Margaret McGreevy

Margaret McGreevy filed a Chapter 11 petition (Bankr. E.D. Penn.
Case No. 15-19029) on Dec. 17, 2015.

The Debtor was formerly a registered nurse, but in recent years has
given up nursing and has been working for her daughter's real
estate company, Claire John Seven, LLC.   The Debtor is married to
Daniel McGreevy, who is not in bankruptcy and who is in the
commercial real estate development and brokerage business.

The Debtor's attorney:

         Allen B. Dubroff, Esquire
         ALLEN B. DUBROFF & ASSOCIATES, LLC
         Two Penn Center, Suite 1030
         1500 JFK Blvd.
         Philadelphia, PA


MARIA RODRIGUEZ: Selling Berwyn Property for $400K
--------------------------------------------------
Maria Rodriguez asks the Hon. Deborah Thorne of the U.S. Bankruptcy
Court for the Northern District of Illinois to authorize the sale
of her property located at 7142 Riverside Drive, Berwyn, IL, to
Ericka Pino and Predrag Milic for $400,000.

Title to the property is held by Chicago Title Land Trust Co. as
successor trustee under trust #117474 dated.  The Debtor is the
owner of the beneficial interest of that land trust.

A mortgage in favor of Forman Real Property, LLC, as assignee to
First Security Savings Bank was recorded against the Property in
2003.

On May 19, 2016, Debtor entered in to a contract for sale to Joshua
M. Jones or assigns in the amount of $390,000.  On June 8, 2016,
the Debtor presented a motion to sell the property on Riverside to
Mr. Jones.  The court approved the sale of the Riverside Property
to Jones for $390,000 and it included a 2.5% real estate commission
by order entered June 9, 2016.

The property was sold "as is".  

As part of the due diligence dealings between the parties code
violations were disclosed by the Debtor to the buyer's broker/agent
on May 8. 2016.  Subsequent to the expiration of the due diligence
and other contingency periods, the buyer demanded a reduction in
price of $10,000.  The Debtor has determined not to accede to that
demand and has declared the contract canceled in accordance with
the terms of the contract.

Debtor has now entered in to a new contract for the sale of the
Riverside property to new buyers.

A copy of the two contracts attached to the Motion is available for
free at:

     http://bankrupt.com/misc/Maria_Rodriguez_81_Sales.pdf

One of the buyers is the selling broker and has agreed to waive the
commission.  Accordingly, there will be no commission in the sale
because the Debtor is waiving her commission on the sale as well.

This new contract is worth at least $20,000 more to the estate and
the secured creditors as a result of the higher price, waiver of
commissions; and in contrast to the prior buyer's demand for a
price reduction, another $10,000 is preserved.

The court previously approved a fee of $1,500 for attorney James
Jimenez for the closing on the property.  Mr. Jimenez has expended
a great amount of time on the first contract.  In order to
adequately compensate him, it is requested that the for closing the
new contract and for work on the prior contract that the flat fee
to be paid to Mr. Jimenez be increased to the amount of $2,500.

The first contract for sale of this Riverside property was approved
in the Amended Agreed order entered on June 9, 2016.  That included
approval of the contract with Mr. Jones. Accordingly, the proposed
order submitted with the motion amends that order by vacating that
portion of the order approving the sale to Mr. Jones.

At the closing of the sale of the property, the Debtor seeks
authority to the pay the following from the proceeds of the sale:

   a) delinquent/and or prorated real estate taxes real estate
taxes and other customary closing costs including the amount of
attorney fees of $2,500 for the special counsel James Jimenez for
closing; and

    b) the net proceeds to be paid to Forman Real Property LLC.

Attorney for the Debtor-in-Possession:

          Richard L. Hirsh
          RICHARD L. HIRSH, P.C.
          1500 Eisenhower Lane, #800
          Lisle, IL 60532
          Telephone: (630) 434-2600

                     About Maria S. Rodriguez

Maria S. Rodriguez is a licensed broker who engages in her business
in the locale of the properties.

Maria S. Rodriguez filed a Chapter 11 petition (Bankr. N.D. Ill.
Case No. 16-11959) on April 7, 2016.  Judge Deborah L. Thorne is
assigned to the case.

The Debtor estimated assets and liabilities in the range of
$500,001 to $1,000,000.

Bruce de'Medici serves as the Debtor's counsel.

The petition was signed by Flora Sampang, member.


MARK NELSON: Court to Take Up Plan on September 27
--------------------------------------------------
A U.S. bankruptcy judge will consider approval of the Chapter 11
plan of Mark and Andrea Nelson at a hearing on September 27.

Judge Stacey Meisel of the U.S. Bankruptcy Court for the District
of New Jersey will hold the hearing at 2:30 p.m., at Courtroom 3A,
3rd Floor, 50 Walnut Street, Newark, New Jersey.

The bankruptcy judge will also consider at the hearing the final
approval of the Debtors' disclosure statement, which she
conditionally approved on July 28.

The court order set a September 20 deadline for creditors to cast
their votes and file their objections to the plan.

                       About The Nelsons

Mark R. and Andrea J. Nelson sought protection under Chapter 11 of
the Bankruptcy Code (Bankr. D. N.J. Case No. 13-28499) on August
23, 2013.  The case is assigned to Judge Stacey L. Meisel.


MARVEL ENGINEERING: Needs Until Dec. 2 to Obtain Plan Acceptances
-----------------------------------------------------------------
Marvel Engineering Company asks the U.S. Bankruptcy Court for the
Northern District of Illinois to extend its exclusive period to
obtain acceptances to of its plan through and including December 2,
2016.

The Debtor says it has been diligently pursuing the administration
of this Chapter 11 case with a view toward formulating a prompt
exit strategy and the Debtor timely filed its Plan on July 1, 2016.


Just recently, the Debtor had noticed a Motion for Authority to
Enter Into a Settlement Agreement with First American Bank, which,
if approved, will greatly affect the Plan going forward and will
presumably eliminate any opposition to the Debtor’s Chapter 11
case. Extending the exclusive period to obtain acceptances, that
expires on Aug. 31, 2016, will facilitate the Debtor’s efforts in
completing this Chapter 11 case.

The Debtor will present for the Court's consideration its Motion to
Extend Exclusive Period to Obtain Acceptances to Plan on August 16,
2016.

Counsel for Marvel Engineering Company:

       Arthur G. Simon, Esq.
       Jeffrey C. Dan, Esq.
       Brian P. Welch, Esq.
       CRANE, HEYMAN, SIMON, WELCH & CLAR
       135 South LaSalle Street, Suite 3705
       Chicago, IL 60603
       Tel.: (312) 641-6777
       Fax: (312) 641-7114
       Email: asimon@craneheyman.com
              jdan@craneheyman.com
              bwelch@craneheyman.com

              About Marvel Engineering

Marvel Engineering Company filed a Chapter 11 petition (Bankr. N.D.
Ill. Case No. 15-41652) on Dec. 10, 2015, and is represented by
Arthur G. Simon, Esq., Jeffrey C. Dan, Esq., Brian P. Welch, Esq.
of Crane, Heyman, Simon, Welch & Clar at Chicago, Illinois.


MEDLEY PLAZA: Hires Thomas Willis as Attorney
---------------------------------------------
Medley Plaza, Inc. seeks authorization from the U.S. Bankruptcy
Court for the Southern District of Florida to employ The Law
Offices of Thomas Willis as attorney.

The Debtor requires the firm to:

   (a) give advice to the debtor with respect to its powers and
       duties as a debtor in possession and the continued
       management of its business operations;

   (b) advise the debtor with respect to its responsibilities in
       complying with the U.S. Trustee's Operating Guidelines and
       Reporting Requirements and with the rules of the court;

   (c) prepare motions, pleadings, orders, applications, adversary
       proceedings, and other legal documents necessary in the
       administration of the case;

   (d) protect the interest of the debtor in all matters pending
       before the court;

   (e) represent the debtor in negotiation with its creditors in
       the preparation of a plan.

The firm will also be reimbursed for reasonable out-of-pocket
expenses incurred.

Thomas Willis assured the Court that the firm is a "disinterested
person" as the term is defined in Section 101(14) of the Bankruptcy
Code and does not represent any interest adverse to the Debtors and
their estates.

The firm can be reached at:

       Thomas Willis, Esq.
       LAW OFFICES OF THOMAS WILLIS
       9600 NW 25th Street Suite 4D
       Doral, FL 33172
       Tel: (305) 549-8653
       E-mail: doralattorney@gmail.com

Medley Plaza, Inc., filed a Chapter 11 bankruptcy petition (Bankr.
S.D. Fla. Case No. 16-16381) on May 2, 2016.


MGM GROWTH: Moody's Assigns B2 Rating on Sr. Notes Due 2026
-----------------------------------------------------------
Moody's Investors Service has assigned a B2 rating to MGM Growth
Prop.  Operating Partnership LP' senior notes due 2026, the rating
outlook is stable.  MGM Growth Properties has proposed issuing $400
million of Senior Notes due 2026.  The proceeds from the issuance
will be used to pay down the outstanding balance on the company's
existing revolving credit facility and, to the extent there are
additional proceeds, for general corporate purposes.

This rating was assigned:

  MGM Growth Properties Operating Partnership LP -- senior notes
   due 2026 at B2

                         RATINGS RATIONALE

MGM Growth Properties LLC's B2 senior notes rating primarily
reflects the REIT's high quality assets, a portfolio tenanted
through a master lease by a leading industry operator with a long
term track record and the company's solid leverage and cash flow
metrics.

Credit challenges include the REIT's high tenant, asset, and
geographic concentrations, and MGM Resorts' effective operational
control of the REIT.  The specialized nature of the REIT's unique
gaming assets is also a credit concern.

The stable rating outlook reflects Moody's expectation that MGM
Growth will maintain its proposed capital structure and lease
terms.  The outlook also anticipates that MGM Resorts will maintain
its current ownership interest in MGM REIT.  Any material changes
to the master lease terms -- as they stand -- could erode the
rating and outlook cushion.

MGM Growth's ratings and/or ratings outlook could be upgraded as a
result of an upgrade to MGM Resorts' corporate family rating and /
or rating outlook, the company were to see an increase in portfolio
EBITDARM coverage at the operator level to above 2.0x on a
consistent basis (while maintaining occupancy in the existing
portfolio), a decrease in the largest tenant concentration to below
50% of MGM REIT's EBITDA or increased third party ownership of MGM
REIT -- beyond the 50% level -- with commensurate board
representation and voting rights.

The ratings could be downgraded if the company were to see a
downgrade to MGM Resorts' corporate family rating and / or rating
outlook, a decline in portfolio EBITDARM operator coverage to 1.5x
or below, Net debt to EBITDA in excess of 6.0x, fixed charge
coverage ratio below 2.5x on a consistent basis and/or a
restructuring of or material change in the master lease terms,
including the triggering of springing lease provisions.

MGM Growth Properties LLC (NYSE:MGP) is a publicly traded real
estate investment trust engaged in the acquisition, ownership and
leasing of large-scale destination entertainment and leisure
resorts, whose diverse amenities include casino gaming, hotel,
convention, dining, entertainment and retail offerings.  MGP
currently owns a portfolio of properties acquired from MGM Resorts,
consisting of ten premier destination resorts in Las Vegas and
elsewhere across the United States and one dining and entertainment
complex which opened in April 2016.  As of Dec. 31, 2015, these
properties collectively comprise 27,233 hotel rooms, approximately
2.6 million convention square footage, over 100 retail outlets,
over 200 food and beverage outlets and over 20 entertainment
venues.

The principal methodology used in this rating was Global Rating
Methodology for REITs and Other Commercial Property Firms published
in July 2010.


MGM GROWTH: S&P Assigns 'BB-' Rating on Proposed $400MM Sr. Notes
-----------------------------------------------------------------
S&P Global Ratings assigned its 'BB-' issue-level rating and '3'
recovery rating to Las Vegas-based casino resort owner MGM Growth
Properties Operating Partnership L.P.'s (a subsidiary of MGM Growth
Properties LLC) proposed $400 million senior notes due 2026.  MGP
Finance Co-Issuer Inc. is the co-issuer of the notes. The '3'
recovery rating indicates S&P's expectation for meaningful recovery
(50% to 70%; upper half of the range) for lenders in the event of a
payment default.  S&P expects the company to use proceeds from the
proposed notes largely to repay borrowings outstanding under its
revolving credit facility following the acquisition of the
Borgata's real estate.  The proposed incremental notes modestly
reduces recovery prospects for unsecured lenders, although recovery
remains at the high end of the '3' recovery range.

Key analytical factors:

   -- S&P's recovery ratings on MGP's senior secured debt and
      senior unsecured debt remain unchanged at '1' and '3',
      respectively.

   -- S&P's simulated default scenario contemplates a payment
      default in 2021, reflecting MGP's inability to refinance its

      revolving credit facility maturity in 2021 (one year later
      than MGM Resorts' assumed 2020 default year) because of a
      major disruption in the debt and equity markets, combined
      with significant deterioration in tenant MGM Resorts
      operating results.  S&P assumes MGM Resorts' lower cash
      flows result from prolonged economic weakness and increased
      competitive pressures, particularly in Las Vegas.  In S&P's
      simulated default scenario, it expects MGM Resorts will
      continue to make its rent payments, reflecting the priority
      position of rent payments MGP receives from MGM Resorts.
      However, because of MGM Resorts' lower cash flow, S&P
      assumes MGM Resorts would be able to renegotiate and reduce
      rent payments to MGP.

   -- S&P used an income capitalization approach in its recovery
      analysis and assumes that MGP is reorganized or sold as a
      going concern.  S&P uses a 12.2% distressed blended
      capitalization rate.

   -- S&P assumes MGP's revolving credit facility would be 60%
      drawn at the time of default.  S&P assumes that MGP would be

      able to cover most of its debt service and other capital
      requirements despite the lower rent payments by MGM Resorts.

      As a result, S&P assumes that the revolving facility
      borrowings were invested in EBITDA generating projects or
      investments, and that the borrowings generated a return of
      8.5% (similar to the cap rate paid for Borgata), and that
      incremental net operating income (NOI) was about
      $31 million.

   -- S&P values MGP based on EBITDA of about $470 million at
      emergence.  This reflects a 30%-35% stress to S&P Global
      Ratings' estimated 2016 EBITDA level of about $680 million.
      S&P's assumed emergence EBITDA incorporates base rent from
      the MGM master lease portfolio, including Borgata, plus
      S&P's assumed additional NOI from other investments noted
      above.

   -- S&P subtracts additional property costs of 5% of gross
      recovery value to reflect added costs that MGP may incur as
      a result of MGM Resorts' being in default.

   -- S&P assumes administrative claims total 5% of gross recovery

      value after property costs, given the two classes of debt in

      MGP's capital structure.

Simulated default assumptions
   -- Year of default: 2021
   -- EBITDA at emergence: $470 million
   -- Capitalization rate: 12.2%

Simplified waterfall
   -- Net enterprise value (after 5% additional property costs and

      5% administrative costs): $3.5 billion
   -- Senior secured debt: $2.5 billion
      -- Recovery expectation: 90% to 100%
   -- Senior unsecured debt: $1.5 billion
      -- Recovery expectation: 50% to 70% (upper half of the
      range)
   -- All debt amounts include six months of prepetition interest.

RATINGS LIST

MGM Growth Properties LLC
Corporate Credit Rating          BB-/Stable/--

New Rating

MGM Growth Properties Operating Partnership L.P.
MGP Finance Co-Issuer Inc.
Senior unsecured
$400 mil sr notes due 2026       BB-
  Recovery Rating                 3H


MGM RESORTS: Posts $474 Million Net Income for Second Quarter
-------------------------------------------------------------
MGM Resorts International filed with the Securities and Exchange
Commission its quarterly report on Form 10-Q disclosing net income
attributable to the Company of $474 million on $2.26 billion of
revenues for the three months ended June 30, 2016, compared to net
income attributable to the Company of $97.5 million on $2.38
billion of revenues for the three months ended June 30, 2015.

For the six months ended June 30, 2016, the Company reported net
income attributable to the Company of $541 million on $4.47 billion
of revenues compared to net income attributable to the Company of
$267 million on $4.71 billion of revenues for the same period last
year.

As of June 30, 2016, MGM Resorts had $26.5 billion in total assets,
$17.0 billion in total liabilities, $6.25 million in redeemable
noncontrolling interest, and $9.52 billion in total stockholders'
equity.

The Company's cash and cash equivalents at June 30, 2016, were $2.5
billion, which included $447 million at MGM China and $338 million
at MGP.

A full-text copy of the Form 10-Q is available for free at:

                    https://is.gd/edV7cp

                      About MGM Resorts

MGM Resorts International (NYSE: MGM) a global hospitality
company, operating a portfolio of destination resort brands
including Bellagio, MGM Grand, Mandalay Bay and The Mirage.  The
Company also owns 51% of MGM China Holdings Limited, which owns
the MGM Macau resort and casino and is in the process of
developing a gaming resort in Cotai, and 50% of CityCenter in Las
Vegas, which features ARIA resort and casino.  For more
information about MGM Resorts International, visit the
Company's Web site at www.mgmresorts.com.

MGM Resorts reported a net loss attributable to the Company of
$447.72 million in 2015, a net loss attributable to the Company of
$149.87 million in 2014 and a net loss attributable to the Company
of $171.73 milion in 2013.

                           *     *     *

As reported by the TCR on Nov. 14, 2011, Standard & Poor's Ratings
Services raised its corporate credit rating on MGM Resorts
International to 'B-' from 'CCC+'.   In March 2012, S&P revised
the outlook to positive from stable.

"The revision of our rating outlook to positive reflects strong
performance in 2011 and our expectation that MGM will continue to
benefit from the improving performance trends on the Las Vegas
Strip," S&P said.

In March 2012, Moody's Investors Service affirmed its B2 corporate
family rating and probability of default rating.  The affirmation
of MGM's B2 Corporate Family Rating reflects Moody's view that
positive lodging trends in Las Vegas will continue through 2012
which will help improve MGM's leverage and coverage metrics,
albeit modestly. Additionally, the company's declaration of a $400
million dividend ($204 million to MGM) from its 51% owned Macau
joint venture due to be paid shortly will also improve the
company's liquidity profile. The ratings also consider MGM's
recent bank amendment that resulted in about 50% of its
$3.5 billion senior credit facility being extended one year from
2014 to 2015.

As reported by the TCR on Sept. 29, 2014, Fitch Ratings has
upgraded MGM Resorts International's (MGM) and MGM China Holdings
Ltd's (MGM China) IDRs to 'B+' from 'B' and 'BB' from 'BB-',
respectively.  Fitch's upgrade of MGM's IDR to 'B+' and the
Positive Outlook reflect the company's strong performance on the
Las Vegas Strip and in Macau as well as Fitch's longer-term
positive outlooks for these markets.


MICHAEL FREDERIC GELLERMAN: Plan Outline Hearing Set for Sept. 14
-----------------------------------------------------------------
Michael Frederic Gellerman and Denise Walz Gellerman ask the U.S.
Bankruptcy Court for the Central District of California, Santa Ana
Division, to:

     -- find that the disclosure statement explaining their Plan of
Reorganization contains adequate information as the term is defined
by Section 1125(a)(1) of the Bankruptcy Code; and

     -- schedule the hearing to consider approval of the disclosure
statement for Sept. 14, 2016, at 10:00 a.m.

The bankruptcy case is In Re: Michael Frederic Gellerman and Denise
Walz Gellerman, Case No. 8:15-BK-15824-TA (Bankr. C.D Calif.).

The Debtors are represented by:

     Michael Jones, Esq.
     M. Jones & Associates, PC
     505 North Tustin Ave, Suite 105
     Santa Ana, CA 92705
     Telephone: (714) 795-2346
     Facsimile: (888) 341-5213
     Email: mike@MJonesOC.com


MORE THAN MASONRY: Hires Francis J. O'Reilly as Attorney
--------------------------------------------------------
More Than Masonry, Inc., seeks authorization from the U.S.
Bankruptcy Court for the Southern District of New York to employ
the Law Firm of Francis J. O'Reilly as attorney.

The Debtor desires to employ Francis J. O'Reilly under a general
retainer.

The Debtor requires Francis J. O'Reilly to:

    a. give the Debtor legal advice with respect to its powers and
duties in its financial situation and management of the property of
the Debtor;

    b. take necessary action to void liens against the Debtor's
property;

    c. prepare, on behalf of the Debtor, necessary petitions,
schedules, orders, pleadings and other legal papers; and

    d. perform all other legal services to the Debtor which may be
necessary.

Francis J. O'Reilly, Esq., assured the Court that the firm is a
"disinterested person" as the term is defined in Section 101(14) of
the Bankruptcy Code and does not represent any interest adverse to
the Debtor and its estate.

Francis J. O'Reilly may be reached at:

       Francis J. O'Reilly, Esq.
       1961 Route 6
       Carmel, NY 10512
       Tel: (845)225-5800

                 About More Than Masonry, Inc.

More Than Masonry, Inc., filed a Chapter 11 bankruptcy petition
(Bankr. S.D.N.Y. Case No. 16-36347) on July 21, 2016, and is
represented by Francis J. O'Reilly, Esq., as bankruptcy counsel.


MORGANS HOTEL: Incurs $10.5 Million Net Loss in Second Quarter
--------------------------------------------------------------
Morgans Hotel Group Co. filed with the Securities and Exchange
Commission its quarterly report on Form 10-Q disclosing a net loss
attributable to common stockholders of $10.5 million on $52.9
million of total revenues for the three months ended June 30, 2016,
compared to a net loss attributable to common stockholders of $10.7
million on $56.2 million of total revenues for the same period last
year.

For the six months ended June 30, 2016, the Company reported a net
loss attributable to common stockholders of $23.8 million on $103.9
million of total revenues compared to a net loss attributable to
common stockholders of $27.5 million on $110 million of total
revenues for the six months ended June 30, 2015.

As of June 30, 2016, Morgans Hotel had $512 million in total
assets, $737 million in total liabilities and a total deficit of
$225 million.

As of June 30, 2016, the Company had approximately $11.2 million in
cash and cash equivalents and $13.1 million in restricted cash. In
early July 2016, the Company posted an approximately $3.0 million
bond to stay enforcement of a judgment pending appeal in connection
with a litigation.

On June 8, 2016, the Mondrian South Beach joint venture entered
into a purchase and sale agreement to sell its interest in Mondrian
South Beach.  Pursuant to the terms and conditions of the purchase
and sale agreement, the buyer paid the joint venture a cash
purchase price sufficient for the joint venture to extinguish its
outstanding mortgage and mezzanine loans, plus accrued interest, in
full at a negotiated discount, and the buyer assumed certain
liabilities of Mondrian South Beach.  As a result of the debt
extinguishment, the Company’s operating subsidiary, Morgans Group
LLC, was released from the condominium purchase guarantee of up to
$14.0 million and the construction completion guarantee.

As part of this transaction, on June 8, 2016, the Company and the
Mondrian South Beach joint venture mutually terminated their
existing management agreement for Mondrian South Beach and the
Company entered into a license agreement with the buyer to allow
the hotel to remain under the Mondrian brand.  The license
agreement grants the buyer a limited, non-exclusive right to use
the Mondrian brand and other specified intellectual property of the
Company, subject to certain termination rights, in exchange for a
license fee that varies with Mondrian South Beach's monthly gross
revenue for the term of the license agreement but is subject to a
minimum annual fee payable to the Company.

                 Announced Sale of the Company

On May 9, 2016, the Company entered into a definitive agreement
under which the Company will be acquired by SBEEG Holdings, LLC, a
leading global lifestyle hospitality company. Under the terms of
the agreement, SBE will acquire all of the outstanding shares of
the Company's common stock for $2.25 per share in cash. As part of
the transaction, affiliates of The Yucaipa Companies will exchange
$75.0 million in Series A preferred securities, accrued preferred
dividends, and warrants for $75.0 million in preferred shares and
an interest in the common equity in the acquirer and, following the
closing, the leasehold interests in three restaurants in Las Vegas
currently held by Morgans.  The transaction, which was approved by
the Company's Board of Directors, is expected to close in the third
or fourth quarter, and is subject to regulatory approvals, the
assumption or refinancing of the Company’s mortgage loan
agreements, and customary closing conditions, including approval of
the transaction by the Company's shareholders.  Morgans
shareholders representing approximately 29% of the Company's
outstanding shares of common stock have signed voting agreements in
support of this transaction, including OTK Associates, Pine River
Capital Management and Vector Group Ltd. Affiliates of Yucaipa have
also signed a voting agreement in respect of their Series A
preferred securities and warrants.

A full-text copy of the Form 10-Q is available for free at:

                   https://is.gd/M1IPhr

                About Morgans Hotel Group

Based in New York, Morgans Hotel Group Co. (Nasdaq: MHGC) --
http://www.morganshotelgroup.com/-- is widely credited as the
creator of the first "boutique" hotel and a continuing leader of
the hotel industry's boutique sector.  Morgans Hotel Group
operates and owns, or has an ownership interest in, Morgans,
Royalton and Hudson in New York, Delano and Shore Club in South
Beach, Mondrian in Los Angeles and South Beach, Clift in San
Francisco, Ames in Boston, and Sanderson and St Martins Lane in
London.  Morgans Hotel Group and an equity partner also own the
Hard Rock Hotel & Casino in Las Vegas and related assets.  Morgans
Hotel Group also manages hotels in Isla Verde, Puerto Rico and
Playa del Carmen, Mexico.  Morgans Hotel Group has other property
transactions in various stages of completion, including projects
in SoHo, New York and Palm Springs, California.

Morgans Hotel reported net income attributable to common
stockholders of $5.45 million on $220 million of total revenues for
the year ended Dec. 31, 2015, compared to a net loss attributable
to common stockholders of $66.6 million on $234 million of total
revenues for the year ended Dec. 31, 2014.


NADLER AND DARWISH: Hires Parker & Associates as Counsel
--------------------------------------------------------
Nadler and Darwish, LLC seeks authorization from the U.S.
Bankruptcy Court for the District of Massachusetts to employ Parker
& Associates as counsel to the Debtor and Debtor-in-Possession.

The Debtor requires P&A to:

     a. advise the Debtor with respect to the rights, powers and
duties as debtor-in-possession in the continued operation of the
business and management of the assets;

     b. advise the Debtor with respect to any plan of
reorganization and any other matters relevant to the formulation
and negotiation of a plan or plans of reorganization in these
cases;

     c. represent the Debtor at all hearings and matters pertaining
to the affairs as debtor and debtor-in-possession;

     d. prepare, on the Debtor's behalf, all necessary and
appropriate applications, motions, answers, orders, reports, and
other pleadings and other documents, and review all financial and
other reports filed in the Chapter 11 case;

     e. advise the Debtor with respect to, and assist in the
negotiation and documentation of, financing agreements, debt and
cash collateral orders and related transactions;

     f. review and analyze the nature and validity of any liens
asserted against the Debtor's property and advising the Debtor
concerning the enforceability of such liens;

     g. advise the Debtor regarding their ability to initiate
actions to collect and recover property for the benefit of the
estate;

     h. advise and assist the Debtor in connection with the
potential disposition of any property;

     i. advise the Debtor concerning executory contract and
unexpired lease assumptions, lease assignments, rejections,
restructuring and recharacterization of contracts and leases;

     j. review and analyze the claims of the Debtor's creditors,
the treatment of such claims and the preparation, filing or
prosecution of any objections to claims;

     k. commence and conduct any and all litigation necessary or
appropriate to assert rights held by the Debtor, protect assets of
the Debtor's chapter 11 estate or otherwise further the goal of
completing the Debtor's successful reorganization other than with
respect to matters to which the Debtor retain special counsel or
other professionals; and

     l. perform all other legal services and provide all other
necessary legal advice to the debtor as debtor-in-possession which
may necessary in the Debtor's bankruptcy proceeding.

P&A will seek compensation based upon its normal and usual hourly
billing rates, and will seek reimbursement of expenses.

Prior to the filing, the Debtor paid in the sum of $1,000 for legal
fees and expenses for services rendered from July 5, 2016 to July
20, 2016.

P&A has received from a third party a security deposit in the
amount of $5,000 plus the filing fee of $1,717.

Nina Parker, principal of Parker & Associates, assured the Court
that the firm is a "disinterested person" as the term is defined in
Section 101(14) of the Bankruptcy Code and does not represent any
interest adverse to the Debtor and its estates.

P&A may be reached at:

      Nina Parker, Esq.
      Parker & Associates
      10 Converse Place, Suite 201
      Winchester, MA 01890
      Phone: (781) 729-0005

                   About Nadler and Darwish

Nadler and Darwish, LLC  filed a Chapter 11 bankruptcy petition
(Bankr. D.Ma. Case No. 16-58964) on July 24, 2016. Hon. Melvin
Hoffman presides over the case.  Parker & Associates represents
the Debtor as counsel.

In its petition, the Debtor estimated $1 million to $10 million in
both assets and liabilities.  The petition was signed by Erna
Jean-Louis, manager.


NATIONAL CINEMEDIA: Reports Results for Fiscal Second Quarter
-------------------------------------------------------------
National CineMedia, Inc., reported net income attributable to the
Company of $6.8 million on $115 million of advertising revenue for
the quarter ended June 30, 2016, compared to net income
attributable to the Company of $10.1 million on $122 million of
advertising revenue for the quarter ended July 2, 2015.

For the six months ended June 30, 2016, the Company reported net
income attributable to the Company of $2.5 million on $192 million
of advertising revenue compared to net income attributable to the
Company of $1.1 million on $198 million of advertising revenue for
the six months ended July 2, 2015.

The Company announced that its Board of Directors has authorized
the Company's regular quarterly cash dividend of $0.22 per share of
common stock.  The dividend will be paid on Sept. 9, 2016, to
stockholders of record on Aug. 25, 2016.  The Company intends to
pay a regular quarterly dividend for the foreseeable future at the
discretion of the Board of Directors consistent with the
Company’s intention to distribute over time a substantial portion
of its free cash flow in the form of dividends to its stockholders.
The declaration, payment, timing and amount of any future
dividends payable will be at the sole discretion of the Board of
Directors who will take into account general economic and
advertising market business conditions, the Company's financial
condition, available cash, current and anticipated cash needs, and
any other factors that the Board of Directors considers relevant.

Commenting on the Company's second quarter of 2016 operating
results, Andy England, NCM's CEO said, "I am pleased that we were
able to deliver a solid second quarter performance that exceeded
the midpoint of our revenue and Adjusted OIBDA guidance versus
record second quarter revenue and Adjusted OIBDA in 2015 that grew
22% and 30%, respectively."  Mr. England continued, "While the
shift of upfront commitment allocations to the fourth quarter of
2016 and client churn have subdued performance versus the first
nine months of 2015, our fourth quarter bookings, proposal activity
and progress of this year's upfront cycle give us confidence in our
business for the remainder of the year."  Mr. England concluded,
"Looking forward, we remain convinced that our combination of broad
national reach, a highly desirable Millennial audience, adjacency
to world-class movie studio content, and
improvements in our data and targeting capabilities position our
unique premium video offering very well for the future."

2016 Outlook

For the third quarter of 2016, the Company expects total revenue to
be down 2% to up 4% and Adjusted OIBDA is expected to be down 6% to
up 6% from a strong third quarter in 2015 that grew revenue and
Adjusted OIBDA 11% and 14%, respectively versus the third quarter
of 2014.  The Company expects total revenue in the range of $109.0
million to $116.0 million during the third quarter of 2016,
compared to total revenue for the third quarter of 2015 of $111.7
million and Adjusted OIBDA in the range of $56.0 million to $63.0
million during the third quarter of 2016, compared to Adjusted
OIBDA for the third quarter of 2015 of $59.6 million.

For the full year 2016, the Company updates its outlook and expects
total revenue to be down 1% to up 1% and Adjusted OIBDA to be down
4% to approximately flat versus the full year 2015.  The Company
expects total revenue in the range of $440.0 million to $450.0
million for the full year 2016, compared to total revenue for the
full year 2015 of $446.5 million and Adjusted OIBDA in the range of
$220.0 million to $230.0 million for the full year 2016, compared
to Adjusted OIBDA for the full year 2015 of $229.9 million.

A full-text copy of the press release is available for free at:

                   https://is.gd/AVYwFq

                  About National CineMedia

National CineMedia, Inc., is the holding company of National
CineMedia, LLC.  NCM LLC operates the largest digital in-theatre
network in North America, allowing NCM to distribute advertising,
Fathom entertainment programming events and corporate events under
long-term exhibitor services agreements with American Multi-Cinema
Inc., a wholly owned subsidiary of AMC Entertainment Inc.; Regal
Cinemas, Inc., a wholly owned subsidiary of Regal Entertainment
Group; and Cinemark USA, Inc., a wholly owned subsidiary of
Cinemark Holdings, Inc.  NCM LLC also provides such services to
certain third-party theater circuits under "network affiliate"
agreements, which expire at various dates.

For the year ended Dec. 31, 2015, the Company reported net income
attributable to the Company of $15.4 million on $447 million of
revenue compared to net income of $13.4 million on $394 million of
revenue for the year ended Jan. 1, 2015.

                       *     *     *

As reported by the TCR on March 24, 2011, Standard & Poor's
Ratings Services raised its corporate credit ratings on
Centennial, Colorado-based National CineMedia Inc. and
operating subsidiary National CineMedia LLC (which S&P analyzes on
a consolidated basis) to 'BB-' from 'B+'.  "The 'BB-' corporate
credit rating reflects S&P's expectation that NCM's EBITDA growth
will enable the company to continue to de-lever over the
intermediate term despite its aggressive dividend policy," said
Standard & Poor's credit analyst Jeanne Shoesmith.


NATIONWIDE PARTS: Can Use Cash Collateral Until Aug. 19
-------------------------------------------------------
Judge Paul G. Hyman, Jr. of the U.S. Bankruptcy Court for the
Southern District of Florida, authorized Nationwide Parts &
Hardware Inc. to use cash collateral on an interim basis, until
Aug. 19, 2016.

The approved Budget provides for total expenses in the amount of
$6,693.84 for the week beginning August 5, 2016; $9,303.84 for the
week beginning August 12, 2016; and $10,403.84 for the week
beginning August 19, 2016.

Judge Hyman granted the Debtor's secured creditors adequate
protection in the form of a post petition security interest and
lien in, to and against all of the Debtor's assets, to the same
extent and priority that the creditor held a properly perfected
interest in such assets pre-petition.  The Adequate Protection
liens will be junior in priority to, and subject to the payment of,
quarterly fees payable pursuant to 28 U.S.C. 1930(a)(6).

Judge Hyman authorized the Debtor to make weekly payments to Snap
in the amount of $500, during the budget period, beginning the week
of July 25, 2016.

The final hearing on the Debtor's Motion is scheduled on August 23,
2016 at 11:30 a.m.

A full-text copy of the Order, dated August 1, 2016, is available
at https://is.gd/6yCfNP

                 About Nationwide Parts & Hardware Inc.

Nationwide Parts & Hardware, Inc. filed a chapter 11 petition
(Bankr. S.D. Fla. Case No. 16-19878) on July 15, 2016.  The
petition was signed by Christopher E. Ortiz, president.

The Debtor is represented by Mary Jo Rivero, Esq., at Mary Jo
Rivero, P.A.  The case is assigned to Judge Paul G. Hyman, Jr.

The Debtor estimated assets at $50,000 to $100,000 and debts at $1
million to $10 million.


NATIONWIDE PARTS: Wants to Use Snap's Cash Collateral
-----------------------------------------------------
Nationwide Parts & Hardware, Inc., asks the U.S. Bankruptcy Court
for the Southern District of Florida for authorization to use cash
collateral.

The Debtor relates that it is indebted to secured creditor, Snap
Advances LLC, in the amount of $95,382.  

According to the Debtor, Snap does not object to the use of cash
collateral.

The Debtor relates that another creditor, Strybuc, was awarded a
final judgment based on jury verdict in a business torts matter in
the amount of $1,500,000 plus interest at the statutory rate,
beginning May 18, 2016.  The Debtor believes that while Strybuc
recorded a Judgment Lien Certificate, that lien was filed
prematurely and is void and of no effect.  The Debtor does not
recognize Strybuc as a secured creditor.

The Debtor tells the Court that it requires continuous use of cash
collateral to fund all necessary operating expenses of its
business.  The Debtor further tells the Court that it will suffer
immediate and irreparable harm if it is not authorized to use cash
collateral to fund the expenses set forth in its proposed Budget.

The Debtor's proposed monthly Budget provides for total expenses in
the amount of $38,215.01.  The expenses listed in the Budget
include advertising, bank charges, license and fees, and office
expenses, among others.

The Debtor proposes to provide Snap with replacement liens on the
prepetition collateral, to the extent of Snap's prepetition liens,
as adequate protection for the the Debtor's use of cash collateral.
The Debtor also proposes to make weekly payments of $500 to Snap
beginning on July 25, 2016, which will be offset against the
principal balance due.

A full-text copy of the Debtor's Motion, dated August 2, 2016, is
available at https://is.gd/1y6u4c

             About Nationwide Parts & Hardware Inc.

Nationwide Parts & Hardware, Inc. filed a chapter 11 petition
(Bankr. S.D. Fla. Case No. 16-19878) on July 15, 2016.  The
petition was signed by Christopher E. Ortiz, president.  The Debtor
is represented by Mary Jo Rivero, Esq., at Mary Jo Rivero, P.A.
The case is assigned to Judge Paul G. Hyman, Jr.  The Debtor
estimated assets at $50,000 to $100,000 and debts at $1 million to
$10 million.


NEIMAN MARCUS: Bank Debt Trades at 6% Off
-----------------------------------------
Participations in a syndicated loan under Neiman Marcus Group Inc
is a borrower traded in the secondary market at 93.57
cents-on-the-dollar during the week ended Friday, July 22, 2016,
according to data compiled by LSTA/Thomson Reuters MTM Pricing.
This represents an increase of 2.76 percentage points from the
previous week.  Neiman Marcus pays 300 basis points above LIBOR to
borrow under the $2.9 billion facility. The bank loan matures on
Oct. 16, 2020 and carries Moody's B2 rating and Standard & Poor's
B- rating.  The loan is one of the biggest gainers and losers among
247 widely quoted syndicated loans with five or more bids in
secondary trading for the week ended July 22.


NEPHROS INC: Incurs $835,000 Net Loss in Second Quarter
-------------------------------------------------------
Nephros, Inc., filed with the Securities and Exchange Commission
its quarterly report on Form 10-Q disclosing a net loss of $835,000
on $509,000 of total net revenues for the three months ended June
30, 2016, compared to a net loss of $1.81 million on $567,000 of
total net revenues for the same period a year ago.

For the six months ended June 30, 2016, the Company reported a net
loss of $1.67 million on $1.09 million of total net revenues
compared to a net loss of $1.57 million on $1.11 million of total
net revenues for the six months ended June 30, 2015.

As of June 30, 2016, Nephros had $3.99 million in total assets,
$2.32 million in total liabilities, $1.67 million in total
stockholders' equity.

At June 30, 2016, the Company had cash totaling approximately
$1,602,000 and total assets of approximately $2,627,000, excluding
other intangible assets (related to the Medica License and Supply
Agreement) of approximately $1,368,000.

A full-text copy of the Form 10-Q is available for free at:

                    https://is.gd/zN2122

                       About Nephros

River Edge, N.J.-based Nephros, Inc., is a commercial stage
medical device company that develops and sells high performance
liquid purification filters.  Its filters, which it calls
ultrafilters, are primarily used in dialysis centers and
healthcare facilities for the production of ultrapure water and
bicarbonate.

Nephros reported a net loss of $3.08 million on $1.94 million of
total net revenues for the year ended Dec. 31, 2015, compared to a
net loss of $7.37 million on $1.74 million of total net revenues
for the year ended Dec. 31, 2014.

Withum Smith+Brown, PC, in Morristown, New Jersey, issued a "going
concern" qualification on the consolidated financial statements for
the year ended Dec. 31, 2015, citing that the Company has incurred
negative cash flow from operations and recurring net losses since
inception.  These conditions, among others, raise substantial doubt
about its ability to continue as a going concern.


NEW GOLD LLC: Hires Blasberg & Associates as Bankruptcy Counsel
---------------------------------------------------------------
New Gold, LLC, seeks authority from the U.S. Bankruptcy Court for
the Central District of California to employ Blasberg & Associates
as bankruptcy counsel to the Debtor.

New Gold, LLC requires Blasberg & Associates to:

   a. prepare on behalf of the Debtor, as debtor in possession,
      all necessary motions, applications, orders, reports, and
      other papers in connection with the administration of the
      sate;

   b. take all necessary action to protect and preserve the
      Debtor's estate, including the prosecution of actions on
      the Debtor's behalf, the defense of any actions commenced
      against the Debtor, the negotiation of disputes in which
      the Debtor is involved, and the preparation of objections
      to claims filed against the Debtor's estate;

   c. take all necessary actions in connection with a Chapter 11
      plan and related disclosure statement; and

   d. perform all necessary legal services in connection with the
      Chapter 11 case.

Blasberg & Associates will be paid at these hourly rates:

     Attorney              $475

Blasberg & Associates will also be reimbursed for reasonable
out-of-pocket expenses incurred.

Teresa A. Blasberg, member of Blasberg & Associates, assured the
Court that the firm is a "disinterested person" as the term is
defined in Section 101(14) of the Bankruptcy Code and does not
represent any interest adverse to the Debtors and their estates.

Blasberg & Associates can be reached at:

     Teresa A. Blasberg, Esq.
     BLASBERG & ASSOCIATES
     3510 White House Place
     Los Angeles, CA 90004
     Tel: (213) 239-0364
     E-mail: tablasberg@earthlink.net

                     About New Gold, LLC

New Gold, LLC, based in Studio City, CA, filed a Chapter 11
petition (Bankr. C.D. Cal. Case No. 16-11426) on May 10, 2016. The
Hon. Maureen Tighe presides over the case. Teresa A. Blasberg, at
Blasberg & Associates, as bankruptcy counsel.

In its petition, the Debtor estimated $50,000 to $100,000 in assets
and $1 million to $10 million in liabilities. The petition was
signed by Paul Wojdak, sole member.


NORTHERN MEADOWS: U.S. Trustee Unable to Appoint Committee
----------------------------------------------------------
The Office of the U.S. Trustee disclosed in a court filing that no
official committee of unsecured creditors has been appointed in the
Chapter 11 case of Northern Meadows Development Co., LLC.

Northern Meadows Development Co., LLC, sought Chapter 11 protection
(Bankr. W.D. Wash. Case No. 16-13393) on June 27, 2016. Judge
Timothy W. Dore is assigned to the case.  Donald A Bailey, Esq., at
Donald A. Bailey Attorney At Law, serves as the Debtor's counsel.
At the time of filing, the Debtor estimated assets of $5.49 million
and $6.21 million in debt.  The petition was signed by Stephen
Brisbane, Manager.


OPENLINK INT'L: Moody's Retains B3 CFR on Proposed Debt Amendment
-----------------------------------------------------------------
Moody's Investors Service said that OpenLink International, Inc.'s
proposed amendment to its senior secured credit facility is credit
positive but has no impact on the B3 Corporate Family Rating or
stable ratings outlook.

OpenLink International, Inc. is the parent company of OpenLink
Financial, LLC, a provider of energy and commodity trading and risk
management (ETRM) software owned by affiliates of Hellman &
Friedman LLC.



ORANGE PEEL: Case Summary & 20 Largest Unsecured Creditors
----------------------------------------------------------
Debtor: Orange Peel Enterprises, Inc.
           dba GREENS+
        1109 19th Street
        Vero Beach, FL 32960

Case No.: 16-21023

Chapter 11 Petition Date: August 9, 2016

Court: United States Bankruptcy Court
       Southern District of Florida (West Palm Beach)

Judge: Hon. Erik P. Kimball

Debtor's Counsel: Bradley S Shraiberg, Esq.
                  SHRAIBERG FERRARA LANDAU & PAGE PA
                  2385 NW Executive Center Dr. #300
                  Boca Raton, FL 33431
                  Tel: (561) 443-0801
                  Fax: (561) 998-0047
                  E-mail: bshraiberg@sfl-pa.com
     
Estimated Assets: $1 million to $10 million

Estimated Liabilities: $100 million to $500 million

The petition was signed by Jude A. Deauville, CEO.

A copy of the Debtor's list of 20 largest unsecured creditors is
available for free at http://bankrupt.com/misc/flsb16-21023.pdf


P & L GAS DISPENSERS: Hires Brady Law as Attorneys
--------------------------------------------------
P & L Gas Dispensers LLC seeks authorization from the U.S.
Bankruptcy Court for the Southern District of Texas to employ James
Patrick Brady and Brady Law Firm as attorneys.

The Debtor requires Brady Law to:

   (a) assist the Debtor in the counseling and professional advice

       regarding continued operation of its business and
       management of its property and duties and responsibilities
       as a Debtor;

   (b) assist the Debtor in preparing on behalf of Debtor all
       necessary applications, notices, answers, adversaries,
       orders, reports and other legal papers;

   (c) assist the Debtor in negotiation of a Plan satisfactory to
       parties in interest, and to prepare a Disclosure Statement
       which will be submitted to parties in interest; and

   (d) assist the Debtor in performing all other legal services
       for Debtor which may be necessary and appropriate.

Brady Law will be paid at these hourly rates:

       James Patrick Brady   $350
       E. Sue Wittie         $350
       Paralegal             $75

Brady Law will also be reimbursed for reasonable out-of-pocket
expenses incurred.

James Patrick Brady, Esq., assured the Court that the firm is a
"disinterested person" as the term is defined in Section 101(14) of
the Bankruptcy Code and does not represent any interest adverse to
the Debtors and their estates.

Brady Law can be reached at:

       James Patrick Brady, Esq.
       BRADY LAW FIRM
       1100 NASA Parkway, Suite 211C
       Houston, TX 77058
       E-mail: notices@bradylaw.comcastbiz.net

P & L Gas Dispensers, LLC, filed a Chapter 11 bankruptcy petition
(Bankr. S.D. Tex. Case No. 16-30165) on January 5, 2016.  The
Debtor is represented by James Patrick Brady, Esq., at Brady Law
Firm.


PACE IV: Use of Northstar Bank Cash Collateral OK
-------------------------------------------------
Judge Brenda T. Rhoades of the U.S. Bankruptcy Court for the
Eastern District of Texas authorized Pace IV, LLC, to use the cash
collateral of Northstar Bank of Texas on a final basis.

Judge Rhoades authorized the Debtor to use cash collateral only to
pay operating expenses, up to the amounts listed in the approved
Budget.

The approved Budget provided for total projected expenses in the
amount of $13,497 for August 2016; $23,156 for September 2016; and
$22,176 for October 2016.

Northstar Bank was granted adequate protection in the form of
replacement liens of the same types and items of the Debtor's
property, and any and all products and proceeds thereof, acquired
or arising post-petition in which Northstar Bank held an interest
pre-petition.  The Replacement Liens will be subject and
subordinate to any and all fees payable to the United States
Trustee and the Clerk of the Bankruptcy Court.

The Debtor was directed to make monthly adequate protection
payments to Northstar Bank, in the amount of $7,490.

A full-text copy of the Final Order, dated August 1, 2016, is
available at https://is.gd/HAoq7f

Pace IV, LLC is represented by:

          Eric A. Liepins, Esq.
          ERIC A. LIEPINS P.C.
          12770 Coit Road, Ste 1100
          Dallas, TX 75251
          Telephone: (972) 991-5591
          E-mail: eric@ealpc.com

Northstar Bank of Texas can be reached at:

          NORTHSTAR BANK OF TEXAS
          400 N. Carroll Blvd.
          Denton, TX 76201
          ATTN: Mr. Jason Coleman

Northstar Bank of Texas is represented by:

          Laura L. Worsham, Esq.
          JONES, ALLEN & FUQUAY LLP
          8828 Greenville Ave.
          Dallas, TX 75243
          Telephone: (214) 343-7400
          E-mail: lworsham@jonesallen.com

                        About PACE IV, LLC.

Pace IV, LLC filed its Voluntary Petition for relief under Chapter
11 of the United State Bankruptcy Code (Bankr. E.D. Tex. Case No.
16-41203) on July 1, 2016.  The petition was signed by Michael
Pace, managing member.  The Debtor is represented by Eric A.
Liepins, Esq., at Eric A. Liepins P.C.  The Debtor estimated assets
at $0 to $50,000 and liabilities at $500,001 to $1 million at the
time of the filing.


PATRICK O'NEAL CHEVERS: Unsecureds to Recoup 100% Under Plan
------------------------------------------------------------
Patrick O'Neal Chevers filed with the U.S. Bankruptcy Court for the
Middle District of Tennessee a second amended and restated
disclosure statement concerning the Debtor's plan of
reorganization.

Under the Plan, members of Class 8 consisting of any and all
general unsecured priority allowed claims will be paid 100% of
their Allowed Claim within approximately five years of the
Effective Date.  Payments of the amounts due to members of Class 8
under the Plan will satisfy the Debtor's obligation to make
disposable income payments.

Within 90 days of the Confirmation Date, the Debtor will
distribute, by mail, pro rate all funds deposited to the Class 8
Creditors' Fund.  Distributions from the Class 8 Creditors' Fund
will continue quarterly on Jan. 1, April 1, July 1, and Oct. 1 for
the five-year period following the Confirmation Date or until the
claims are paid in full.

In the event a claim is disputed, the pro rata share distributable
to the holder of the claim will be paid into a separate account
established to segregate the funds.  The segregated funds will be
held until the Court has ruled on the Claim and either allowed or
disallowed the claim.  Upon allowance, the pro rata share will be
paid to the holder of the claim.  Upon disallowance, the pro rata
share attributable to the disallowed Claim will be paid back into
the Class 8 Creditors' Fund for distribution to other claimants.
Any interest earned on the segregated funds will be paid monthly
into the Class 8 Creditors' Fund.  The Debtor reserves the right to
object to any Claim in this Class.

The rate of interest used in calculating the amount of post
judgment interest is the weekly average 1-year constant maturity
(nominal) Treasury yield, as published by the Federal Reserve
System.  At July 15, 2016, the rate was 0.52%.

Under the Plan, Class 9 claims consisting of any and all general
unsecured allowed claims will be paid 100% of their allowed claim
with interest within approximately five years of the Effective
Date.  Payments of the amounts due to members of Class 9 under the
Plan will satisfy the Debtor's obligation to make disposable income
payments.

Within 90 days of the Confirmation Date, the Debtor will
distribute, by mail, pro rata all funds deposited to the Class 7
and 9 Creditors' Fund.  Distributions from the Class 7 and 9
Creditors' Fund will continue quarterly on Jan. 1, April 1, July 1,
and Oct. 1 for the five-year period following the Confirmation Date
or until the claims are paid in full.

In the event a claim is disputed, the pro rata share distributable
to the holder of the claim will be paid into a separate account
established to segregate the funds.  The segregated funds will be
held until the Court has ruled on the claim and either allowed or
disallowed the claim.  Upon allowance, the pro rata share will be
paid to the holder of the claim.  Upon disallowance, the pro rata
share attributable to the disallowed claim will be paid back into
the Class 7 and 9 Creditors' Fund for distribution to other
claimants.  Any interest earned on the segregated funds will be
paid monthly into the Class 7 and 9 Creditors' Fund.

The rate of interest used in calculating the amount of post
judgment interest is the weekly average 1-year constant maturity
(nominal) Treasury yield, as published by the Federal Reserve
System.  At July 15, 2016, the rate was 0.52%.

The funds necessary to pay the allowed claims of creditors in
Classes 1 through 9 will be derived from these sources:

     (a) funds held in reserve by the Debtor;

     (b) liquidation of claims;

     (c) successful operation of the Debtor's rental properties;
         and

     (d) continued employment of the Debtor.

The Debtor has a proven track record of continued employment with
General Motors with 29 years of seniority and has significant
income.  The Debtor's future employment prospects are good given
his length of seniority with his employer.  He is committed to
maximizing his future income so that he can pay his creditors all
that is owed as soon as possible.  In addition to his present
employment he is actively seeking a part-time job to supplement his
earnings.

The Disclosure Statement is available at:

           http://bankrupt.com/misc/tnmb14-07044-127.pdf

The Plan was filed by the Debtor's counsel:

     Randall K. Winton, Esq.
     WINTON LAW, PLLC
     7003 Chadwick Drive, Suite 151
     Brentwood, TN 37027
     Tel: (615) 739-5820
     Fax: (615) 739-5821
     E-mail: rwinton@rwintonlaw.com

Patrick O'Neal Chevers filed for Chapter 11 bankruptcy protection
(Bankr. M.D. Tenn. Case No. 14-007044).  On June 5, 2012, the
Debtor filed a Chapter 13 case in the Western District of Michigan
which was dismissed and on Feb. 18, 2014, the Debtor filed a
Chapter 11 case in this district which was also dismissed.


PBG PROPERTIES: Award of Atty Fees to Texans Credit Union Reversed
------------------------------------------------------------------
The Court of Appeals of Texas, Fifth District, Dallas, reversed the
trial court's judgment awarding damages and attorney's fees to
Texans Credit Union and its conservator, National Credit Union
Administration.  The appellate court rendered instead a
take-nothing judgment in favor of Jerry Gossett.

The appellees Texans Credit Union and its conservator, National
Credit Union Administration, sued Gossett for breach of a guaranty
agreement.  After a nonjury trial, the trial court found in favor
of the appellees and awarded them damages and attorneys' fees.  On
appeal, Gossett challenged both awards.  The appellate court
concluded that the evidence is legally insufficient to support the
award of damages, and held that the appellees are not entitled to
an award of attorneys' fees.

The appellate court further ordered that Gossett recover his costs
of the appeal from the National Credit Union Administration as
Conservator for Texans Credit Union and Texans Credit Union.

Gossett is the limited partner of PBG Properties, LP. In 2003,
Texans loaned PBG $1 million. The terms of the note included
interest-only payments for the first nine months, a floating
interest rate, and a maturity date of April 20, 2014. In connection
with its loan, PBG executed a $1 million promissory note and a deed
of trust that gave Texans (among other things) a security interest
in a commercial building owned by PBG. In addition, Gossett signed
an unconditional guaranty for any and all amounts PBG owed up to $1
million plus reasonable attorneys' fees incurred to enforce the
guaranty.

In 2012, PBG defaulted on the note by failing to maintain insurance
and pay property taxes on the commercial property securing the
note. In early 2013, Texans accelerated the note and PBG filed for
Chapter 11 federal bankruptcy protection.

The case is JERRY GOSSETT, Appellant, v. NATIONAL CREDIT UNION
ADMINISTRATION, AS CONSERVATOR FOR TEXANS CREDIT UNION AND TEXANS
CREDIT UNION, Appellees, No. 05-15-00022-CV (Tex. App.).

A full-text copy of the appellate court's July 28, 2016 memorandum
opinion is available at https://is.gd/O2y6K7 from Leagle.com.

Jerry Gossett is represented by:

          Chad Baruch, Esq.
          3308 Oak Grove Avenue
          Dallas, TX 75204
          Tel: (214)741-6260
          Fax: (214)741-6248
          Email: chad@jtlaw.com

Tracy Lynn Paczkowsk McCreight, for National Credit Union
Administration as Conservator for Texans Credit Union, et al.,
Appellee.


PETROLEX MANAGEMENT: Hires Baker Braverman as Counsel
-----------------------------------------------------
Petrolex Management, LLC, seeks authority from the U.S. Bankruptcy
Court for the District of Massachusetts to employ Baker Braverman &
Barbadoro, P.C. as counsel to the Debtor.

Petrolex Management requires Baker Braverman to:

   a. assist and advise the Debtor in the formulation and
      presentation of all necessary forms and schedules, a Plan
      of Reorganization and Disclosure Statement;

   b. advise the Debtor as to their duties and responsibilities
      as a Debtor-in-Possession;

   c. attend meetings and negotiate with creditors and other
      parties in interest;

   d. appear in Court on all motions, applications or objections
      filed in the matter;

   e. prepare, on the Debtor's behalf, all necessary and
      appropriate applications, motions, answers, orders, reports
      and other pleadings and other documents, and review all
      financial and other reports filed in the Chapter 11 case;

   f. advise the Debtor with respect to, and assist in the
      negotiation and documentation of, financing agreements,
      debt and cash collateral orders and related transactions;

   g. review and analyze the nature and validity of any liens
      asserted against the Debtor's property and advise the
      Debtor concerning the enforceability of such liens;

   h. advise the Debtor regarding its ability to initiate actions
      to collect and recover property for the benefit of the
      estate;

   i. advise and assist the Debtor in connection with the
      potential disposition of any property;

   j. advise the Debtor concerning executor contracts and
      unexpired lease assumptions, lease assignments, rejections,
      restructuring and re-characterization of contracts and
      leases;

   k. review and analyze the claims of the Debtor's creditors,
      the treatment of such claims and the preparation, filing or
      prosecution of any objections to claims;

   l. commence an conduct any and all litigation necessary or
      appropriate to assert rights held by the Debtor, to protect
      assets of the Debtor's Chapter 11 estate or otherwise
      further the goal of completing the Debtor's successful
      reorganization other that with respect to matters to which
      the Debtor shall retain special counsel or other
      professionals; and

   m. perform all other legal services and provide all other
      necessary legal advice to the Debtor as a debtor-in-
      possession which may be necessary in the Debtor's
      bankruptcy proceeding.

Baker Braverman will be paid at these hourly rates:

     Gary M. Hogan               $300
     Associates                  $175-$275
     Paralegals                  $150

Baker Braverman will be paid a pre-petition retainer in the amount
of $10,000 inclusive of $1,717 filing fee. The sum of $750 was
drawn to pay pre-petition legal fees. The source of the payment is
from the Debtor's operating company, IMS Petroleum, Inc.

Baker Braverman will also be reimbursed for reasonable
out-of-pocket expenses incurred.

Garry M. Hogan, member of Baker Braverman & Barbadoro, P.C.,
assured the Court that the firm is a "disinterested person" as the
term is defined in Section 101(14) of the Bankruptcy Code and does
not represent any interest adverse to the Debtors and their
estates.

Baker Braverman can be reached at:

     Garry M. Hogan, Esq.
     BAKER BRAVERMAN & BARBADORO, P.C.
     300 Crown Colony Drive, Suite 500
     Quincy, MA 02169
     Tel: (781) 848-9610
     E-mail: garyh@bbb-lawfirm.com

                     About Petrolex Management, LLC.

Petrolex Management, LLC filed a chapter 11 petition (Bankr. D.
Mass. Case No. 16-41322) on July 27, 2016.  The Debtor is
represented by Gary M. Hogan, Esq., at Baker, Braverman &
Barbadoro, P.C.


PICO HOLDINGS: Bloggers Question UCP Director Lori's Equity Stake
-----------------------------------------------------------------
PICO Holdings, Inc. (Nasdaq:PICO), based in La Jolla, Calif., is a
diversified holding company reporting recurring losses since 2008.
PICO owns 57% of UCP, Inc. (NYSE:UCP), 100% of Vidler Water
Company, Inc., a securities portfolio and various interests in
small businesses. PICO has $662 million in assets and $426 million
in shareholder equity. Central Square Management LLC and River Road
Asset Management LLC collectively own more than 14% of PICO. Other
activists at http://ReformPICONow.com/have taken to the Internet
to advance the shareholder cause.

The bloggers state that UCP's Directors recently filed statements
of shareownings with the Securities Exchange Commission. "On August
4, UCP's Independent Directors, Michael C. Cortney, Peter H. Lori
and Kathleen R. Wade, disclosed that they elected to receive their
annual fee for director service in UCP restricted stock units. This
election brought Mr. Lori barely into compliance with UCP's
'Independent Director Stock Ownership Guidelines,' which require
stock and equivalent holdings of 3-times annual cash retainer.

Mr. Lori has been out of compliance since July 17, 2016. Even with
Mr. Lori's recent election to receive restricted stock units, his
continued compliance is uncertain. Mr. Lori owns 23,273 UCP shares
or equivalents, with a current market value of $191,000. Mr. Lori's
threshold is $180,000 in shares or equivalents, so a decrease in
UCP's stock price of 6% to $7.73 will put Mr. Lori out of
compliance (180,000/23,273).

Mr. Lori's compliance with the Guidelines could be like the
telenovelas his employer is famous for: filled with drama and
unpredictability. Mr. Lori could be compliant one day and not
compliant the next -- beholden to the whims of UCP's market price.
We view such a situation as ridiculous and a manifestation of poor
corporate governance.

Mr. Lori has another choice: accept a lower annual cash retainer.
By accepting lower compensation, Mr. Lori can reduce the amount of
UCP shares or equivalents he must hold pursuant to the
Guidelines."

Next, the bloggers focus their attention on UCP CEO Dustin Bogue.
"Assuming that the UCP Officer Stock Ownership Guidelines are still
extant, UCP CEO Dustin Bogue would be far out of compliance.
Pursuant to the Officer Guidelines, Mr. Bogue must own 2-times his
base salary of $500,000 in shares or equivalents, or $1 million.
According to Mr. Bogue's latest Form 4, he owns only 90,899 UCP
shares or equivalents, with a current value of just $745,000. Mr.
Bogue is about $255,000 worth of UCP shares short of target.

That the Officer Guidelines are still operative is an assumption.
They were outlined in the 2015 UCP Proxy Statement then disappeared
from the 2016 UCP Proxy Statement -- with no explanation to
shareowners (see RPN July 28).

As Chairman of the Board and Chair of the Compensation Committee,
Mr. Cortney is directly responsible for explaining to UCP owners
three things:

    what happened to the Guidelines;
    the current status of the Guidelines; and
    why any alteration to the Guidelines was never
      disclosed or explained to the owners of the business.

We are waiting, Mr. Cortney."

While the bloggers wax critical of corporate governance at UCP,
they are pleased with the recent share price performance. "It has
been 6 months since we first expressed our $12 per share valuation
of UCP.  On February 7, 2016, we called for PICO to sell UCP and
stepped readers through our valuation.  At that date, Mr. Market
was selling fractional interests in UCP for $5.50.

On March 1, 2016, we posted our analysis of a comparable
transaction, whereby PulteGroup purchased John Weiland Homes. We
repeated our belief that, based on the Pulte-Weiland deal, UCP
should be worth $12 per share. At that date, Mr. Market was selling
UCP fractional interests for $6.

RPN bought UCP shares all through February and into March. It made
no sense to us that vintage real estate in California and
Washington and fast-growing East Coast markets, should sell for 50%
of historical cost. We bought UCP shares until prudent portfolio
management dissuaded further buying.

Readers who purchased UCP fractional interests around the same
time, enjoy an unrealized gain of between 37% -- 50% over less than
6 months."

The bloggers hold up activist investor Timothy Brog as a role model
for UCP's Directors. "There is a big difference between following
rules and creating value. We take our readers back to our post of
March 28, 2016. In that post, we profiled Leder Holdings' director
nominee, Timothy Brog.

Mr. Brog ran Peerless Systems for 4 years, before selling it to LCV
Capital Management. Mr. Brog doubled investors' money in those 4
years, for a compound annual return of around 23%.

We caught up with Mr. Brog after running that post. We asked him
about the conflicts between self-interest and shareholder-interest
in selling Peerless Systems. Mr. Brog chuckled and said, 'I am a
purist in that sense.'

When faced with a viable acquisition offer, all CEOs are conflicted
between their self-interest and the interests of shareholders.
Directors and executives are tempted to reject the acquisition
offer in order to maintain their jobs, their paychecks, their
company-financed lives and their daily exercise of ego.

As CEO of Peerless Systems, Mr. Brog faced these temptations.
Instead of succumbing to them, Mr. Brog acted like a benevolent
owner and all Peerless Systems shareholders benefited as a result.

Simpletons would say that Mr. Brog, as 26% shareholder of Peerless
Systems, did nothing remarkable, and that due to his large
shareholdings, he made more profit than others and therefore,
deserves no special mention.

We disagree. There is a big difference between REALIZING profit and
MAXIMIZING profit. Mr. Brog realized a profit, but he likely did
not maximize his profit. Mr. Brog would have maximized his profit
by rejecting the acquisition offer, remaining CEO, collecting a
paycheck and ruling over his corporate fiefdom for many years -- at
the expense of shareholders. As a "purist," however, Mr. Brog
defied the temptation to maximize his personal gain; Peerless
Systems' owners benefited as a result.

Michael Cortney, Dustin Bogue and the other UCP Directors and
Officers prejudice shareholders by indulging the temptation to
maximize personal gain. Collecting paychecks and with mixed levels
of stock ownership, they preside over an enterprise that destroys
value every single day, with the sale of every home.

In the meantime, UCP and PICO shareowners suffer economic losses.
We are the owners of the company and our valuable real estate is
being sold for returns that would embarrass a pension fund.  With
every home sold, our value is being transferred to Directors,
Officers and Employees of UCP, instead of accreting to us, the
owners of the business.

It must be strange to be the Chairman or the CEO of a
value-destroying firm.  These men arrive to work every day, but it
would be better for the owners of the business if they didn't.
These men go about engaging in normal capitalistic activity, but
all of their decisions achieve the same result: the owners of the
business are economically harmed.

The knock on Messrs. Cortney and Bogue is not that they are
incompetent; we don't believe anyone can make a $420 million asset
homebuilder competitive. The knock on Messrs. Cortney and Bogue is
that they place personal gain above the collective good. These men
refuse to accept economic reality, and in the process, harm the
owners of the business. They enjoy lots of benefits, while we
suffer with a stock that sells for 75% of tangible book value.
These men play a charade that they run an economically viable
business, while trailing 12-month return on equity is less than 5%
-- just slightly above the return on a 30-year fixed rate
mortgage.

RPN has an idea: why doesn't UCP peg Director and Executive
compensation to an interesting concept called "Economic Value
Creation?" This concept may be foreign to Messrs. Cortney and
Bogue, so we will explain it.  EVC is the profit left over for the
owners of the business after subtracting an appropriate charge for
the capital employed.

The market is already valuing UCP based on EVC. The market
indicates that UCP destroys economic value in the extreme. That
Messrs. Cortney and Bogue want to pretend otherwise and continue to
receive material benefit at the expense of the owners is
predictable, but it is not admirable."


PINNACLE INNVOATION: MyBusinessLoan's OKs Cash Use Until December
-----------------------------------------------------------------
Pinnacle Innvoation, Inc., asks the U.S. Bankruptcy Court for the
Central District of California to approve its stipulation with
MyBusinessLoan.com, LLC, also known as Dealstruck, Inc., regarding
the Debtor's use of cash collateral.

The Debtor owes MyBusinessloan the amount of $182,009 on a loan
secured by all of the Debtor's assets and their proceeds.

The stipulation gives the Debtor authorization to use cash
collateral commencing retroactively from the petition date through
Dec. 1, 2016.

The Debtor's projected cash flow statement provides for total
expenses in the amount of $17,921 for each of the months of August,
September, and October.  The projected expenses include, taxes,
automobile expenses, rental equipment, security expenses, and
travel expenses, among others.

The Debtor proposes to grant MyBusinessLoan adequate protection in
the form of a replacement lien and a superpriority administrative
expense claim.  The Debtor also proposes to make monthly adequate
protection payments to MyBusinessLoan in the amount of $5,500.

A full-text copy of the Debtor's Motion, dated August 2, 2016, is
available at https://is.gd/4nKMFY

MyBusinessLoan.com, LLC, can be reached at:

          Camille Hayes, Director of Compliance
          DEALSTRUCK, INC.
          1901 Camino Vida Roble, Suite 120
          Carlsbad, CA 92008
          Telephone: (858) 204-1153
          E-mail: camille@dealstruck.com

MyBusinessLoan.com, LLC, is represented by:

          Morgan B. Edelboim, Esq.
          BAST AMRON LLP
          1 S.E. Third Ave., Suite 1400
          Miami, FL 33131
          Telephone: (305) 379-7904
          E-mail: medelboim@bastamron.com

                   About Pinnacle Innovation

Pinnacle Innvoation, Inc., filed a chapter 11 petition (Bankr. C.D.
Cal. Case No. 16-10735) on Jan. 29, 2016.  The petition was signed
by Jose Marroquin, president.  The Debtor is represented by Todd L.
Turoci, Esq., at The Turoci Firm.  The Debtor estimated assets at
$100,001 to $500,000 and debts at $500,001 to $1 million at the
time of the filing.


PIONEER HEALTH: PHS Stokes to Be Sold to LifeBrite for $400K
------------------------------------------------------------
Pioneer Health Services, Inc., et al., ask the U.S. Bankruptcy
Court for the Southern District of Mississippi to authorize the
sale of substantially all of the assets owned by debtor Pioneer
Health Services of Stokes County, Inc., outside the ordinary course
of business to LifeBrite Hospital Group, LLC, for an aggregate
purchase price of $400,000, subject to overbid.

Prior to the filing of the Petition, PHS Stokes entered into a
series of agreements providing for, among other things, the
leasing, by PHS Stokes, from Stokes County, North Carolina
("County"), an acute care hospital facility ("Hospital") located in
the County.

Postpetition, PHS Stokes has encountered significant financial
challenges and difficulties in connection with its operation and
management of the Hospital. The Debtor could no longer continue to
fund the losses of PHS Stokes, although neither the Debtor nor the
County desire to see the Hospital closed.

As a result, the Debtor and the County entered into an agreement
providing for, among other things, the continuation of the Hospital
as an active, viable Hospital servicing the needs of the public.
The Debtor previously filed a Motion to Approve that Interim
Management Services Agreement, which has now been withdrawn. The
County subsequently declined to continue with the arrangement with
the Hospital and no longer funded the agreement as of midnight,
July 8, 2016.

However, the Debtor has reached a similar Interim Management
Services Agreement with LifeBrite ("LifeBrite Agreement") to
provide for the management and operation of the Hospital by
LifeBrite. Among other things, the LifeBrite Agreement provides
that the Hospital will remain open, that its operations will be
manged by LifeBrite, and PHS Stokes will provide such assistance to
LIfeBrite as is reasonable necessary.

The Debtor has been seeking a buyer for the Hospital, and many
other assets of PHS Stokes, prior to the filing of the Petition and
it is continuing in that endeavor post-petition. Debtor has
negotiated an Asset Purchase Agreement ("APA") with LifeBrite for
the purchase of the Hospital.

A copy of the APA and the list of assets to be sold attached to the
Motion is available for free at:

      http://bankrupt.com/misc/Pioneer_Health_762_Sales.pdf

The Court has entered its Order approving Debtor's Motion to enter
into the LifeBrite Agreement, the Debtor have executed the
LifeBrite Agreement, and upon the filing of the Motion, the
LifeBrite Agreement will be released from escrow currently being
held there by counsel to LifeBrite.  The Debtor has also filed a
Motion which seeks to establish the bid procedures in connection
with the sale of substantially all of the Debtor's assets held and
owned by PHS Stokes.

Once the Bid Procedures has been approved by separate order, the
Sale Motion will be supplemented, it will be scheduled for hearing
in due course and it will be noticed to creditors along with the
Bid Procedures.

The Bid Procedures Motion not only seeks to approve and establish
bid procedures in connection with the sale of the assets of PHS
Stokes, it also seeks to approve LifeBrite as the "Stalking Horse
Bidder" in connection with the transaction that has been
contemplated by and between the Debtor and LifeBrite.

As noted, the Debtor and LifeBrite have negotiated an APA.  All of
the Schedules that are Exhibits to the APA have not been
contemplated yet, but the APA will be supplemented with complete
Schedules before it is noticed to creditors.  The APA not only
established the terms and conditions of the contemplated sale from
the Debtor to LifeBrite, it will be used as the template APA for
any other interested purchasers or bidders who elect to make a bid
for the assets of PHS Stokes.

The Bid Procedures Order will describe the form of bids, and may
approve the selection of LifeBrite as the Stalking Horse Bidder.

The Debtor believes that a sale of assets and as contemplated by
the Motion and the Bid Procedures Order will maximize the value of
the estate. While the exact assets that will be sold are dependent
upon the terms of a Qualified Bid(s) as well defined in the Bid
Procedures Order, the Debtor seeks authority to sell all of the
assets.

The Debtor believes that in the event the Motion is approved, the
result will be a successful sale of the Debtor's assets.
Accordingly, the Debtor this time seeks authority to sell the
assets.

In addition to the relief set forth, upon a hearing with respect to
the Motion, the Debtor requests entry of an order that will, inter
alia, (i) find that the buyer(s) of the assets has bid, negotiated
and purchased in good faith, and (ii) waive any stays, if they
exist, set forth in the Bankruptcy Rules so the sale can be closed
as soon as possible.  The Debtor believes that any material delay
in consummating the proposed sale of the assets will result in a
reduction in the value of the Debtor's assets.

The Debtor urges the Court to set the Motion at the earliest
possible opportunity, with the ultimate goal of the hearing to be
conducted on the Motion of Sept. 15, 2016.

The Debtor will also seek authority to assume and assign certain
contracts and leases to the ultimate purchaser. In the event there
are contracts and/or leases that are designated, Debtor will
immediately prepare and file a Motion to Assume and Assign Assumed
Contracts or Assumed Leases. Any amounts necessary to cure any
existing defaults in connection with any contracts or leases will
be paid by the purchaser to the Debtor, and will be included as
part of the purchase price.

                      About Pioneer Health

Pioneer Health Services, Inc., and its debtor-affiliates, including
Medicomp Inc., filed separate Chapter 11 bankruptcy petitions
(Bankr. S.D. Miss. Lead Case No. 16-01119) on March 30, 2016.
Pioneer Health Services of Early County, LLC, filed a Chapter 11
case on April 8, 2016.  The cases are administratively
consolidated.  The petitions were signed by Joseph S. McNulty III,
president.

The Debtors provide healthcare services to rural communities, and
own and manage rural critical access hospitals.

Judge Hon. Neil P. Olack presides over the Debtors' cases.

The Law Offices of Craig M. Geno PLLC serves as the Debtors'
counsel.

Pioneer Health Services estimated $10 million to $50 million in
both assets and liabilities.


PLY GEM HOLDINGS: Posts $41.6-Mil. Net Income for Second Quarter
----------------------------------------------------------------
Ply Gem Holdings, Inc., filed with the Securities and Exchange
Commission its quarterly report on Form 10-Q disclosing net income
of $41.6 million on $511 million of net sales for the three months
ended July 2, 2016, compared to net income of $30.4 million on $502
million of net sales for the three months ended July 4, 2015.

For the six months ended July 2, 2016, Ply Gem reported net income
of $14.1 million on $919 million of net sales compared to a net
loss of $18.5 million on $878 million of net sales for the six
months ended July 4, 2015.

As of July 2, 2016, the Company had $1.29 billion in total assets,
$1.35 billion in total liabilities and a total stockholders'
deficit of $57.6 million.

"I am very pleased by the continued strength in our operating and
cash generating performance that was achieved during the second
quarter.  Both businesses continued to make substantial
contributions to adjusted EBITDA and allowed us to deliver the
ninth consecutive quarterly year-over-year growth of adjusted
EBITDA," said Gary E. Robinette, Ply Gem's Chairman and CEO.  "As
expected, our overall sales were somewhat dampened due to the pull
forward effect of favorable winter weather within our key market
footprint during the first quarter.  However, the fundamental
demand drivers of our end markets remain robust as the U.S. housing
market continues to recover.  During the second quarter, our teams
delivered outstanding profitable growth through improved product
pricing, operating performance initiatives and maintaining our cost
discipline.  As a result, Ply Gem achieved a trailing twelve month
annual adjusted EBITDA in excess of $221 million."

Commenting on the Company's results, Shawn K. Poe, Ply Gem's chief
financial officer added, "In the second quarter, we continued to
drive financial improvements and profitability within our business
segments.  We achieved a 170 basis point improvement in our gross
profit margin and realized the highest overall quarterly gross
profit margin by Ply Gem.  As a result of our strong operational
performance and profitability during the second quarter of 2016, we
have strengthened our balance sheet by generating in excess of $160
million in operating cash flow and achieved a Company record $221.4
million of adjusted EBITDA on a trailing twelve month basis.  We
continue to focus on our debt leverage and on August 4, 2016 made a
second $30 million voluntary payment on our long-term debt under
our Term Loan which when combined with our March 10th payment,
means we have made a $60 million voluntary reduction in our
long-term debt since year-end.  The strength of our operating
performance, cash flow generation and meaningful debt reduction
have allowed us to improve our leverage ratio 0.8 times since year
end, including a 0.5 times improvement in the second quarter alone
to a net leverage of 4.4 times."

"As we enter into the seasonally important third quarter, we look
forward to capitalizing on the momentum we've built during the
first half of 2016," said Mr. Robinette.  "As the housing market in
the U.S. continues to recover, we are well positioned to drive
profitable growth and generate meaningful operating leverage,
earnings and cash flow.  In addition, we remain committed to
driving shareholder value and continuing to improve our balance
sheet.  In looking to the third quarter of 2016, we expect our
quarterly adjusted EBITDA to be in the range of $80 to $85 million,
which represents another meaningful year-over-year improvement to
our adjusted EBITDA."

A full-text copy of the Form 10-Q is available for free at:

                   https://is.gd/WziiiR

                       About Ply Gem

Based in Cary, North Carolina, Ply Gem Holdings Inc. is a
diversified manufacturer of residential and commercial building
products, which are sold primarily in the United States and
Canada, and include a wide variety of products for the residential
and commercial construction, the do-it-yourself and the
professional remodeling and renovation markets.

Ply Gem reported net income of $32.3 million on $1.83 billion of
net sales for the year ended Dec. 31, 2015, compared to a net loss
of $31.3 million on $1.56 billion of net sales for the year ended
Dec. 31, 2014.

                         *     *     *

In May 2010, Standard & Poor's Ratings Services raised its
(unsolicited) corporate credit rating on Ply Gem to 'B-' from
'CCC+'.  "The ratings upgrade reflects our expectation that the
Company's credit measures are likely to improve modestly over the
next several quarters to levels that we would consider more in
line with the 'B-' corporate credit rating," said Standard &
Poor's credit analyst Tobias Crabtree.


POMEROY PARTNERS: Selling Campbell Real Property for $14.5M
-----------------------------------------------------------
Pomeroy Partners asks the U.S. Bankruptcy Court for the Northern
District of California to authorize the sale of real property
located at 1680-1700 Dell Avenue, Campbell, California, APN:
424-33-094 ("Real Property") to Dollinger Dell Associates, LP for
$14,500,000.

A hearing on the Motion is set for Aug. 24, 2016 at 1:00 p.m.

The Debtor owns a 30% interest as a tenant in common with BKR
Investors, LLC ("BKR") and S&P Properties, LLC ("S&P")
("Co-Owners").

On Sept. 21, 2015, the Debtor and the Co-Owners entered into an
Exclusive Authorization to Sell agreement with Cassidy Turley
Commercial Real Estate Services, Inc., doing business as Cushman
and Wakefield ("Broker") to list the Real Property for sale
("Listing Agreement").  Thereafter, the Broker listed the Real
Property for sale on the multiple listing service.

The Real Property did not have a listing or asking price when the
Debtor and the Co-Owners began marketing it for sale.  This was
because the Debtor's Broker suggested that pricing the Real
Property at the outset of their marketing efforts could have a
limiting effect on what a potential buyer would offer for the Real
Property.

Hence, the Broker marketed the Real Property "unpriced".  The
Debtor believes that not having a specific listing or asking price
for the Real Property ultimately led to a higher sales price.

The Debtor received three qualified bids for the Real Property.  On
Dec. 16, 2015, the Debtor and the Co-Owners accepted the best
purchase offer and entered into a Standard Offer, Agreement and
Escrow Instructions for Purchase of Real Estate to sell the Real
Property to Dollinger Properties for $14,500,000.

A copy of the Purchase Agreement and the amendments thereto
attached to the Motion is available for free at:

    http://bankrupt.com/misc/Pomeroy_Partners_23_Sales.pdf

In connection with the Purchase Agreement, the Broker is a dual
agent because it represents both the sellers (the Debtor and the
Co-Owners) and the buyer.  The Debtor and the Co-Owners expressly
consented to the dual agency. Pursuant to the amendment to the
Listing Agreement dated Dec. 14, 2015, the Broker will receive a
commission of 3% of the purchase price, split equally between the
sellers' and the buyers' real estate agents at Broker.

The Debtor has exercised its business judgment and determined that
assumption of the Purchase Agreement is in the best interest of the
estate and all creditors.  The Debtor believes the purchase price
is reasonable and represents the fair market value of the Real
Property.  The Debtor bases this opinion on two factors. First, the
Real Property was appraised on Oct. 30, 2013 for $11,000,000.
Second, the Real Property had been exposed to the market for almost
90 days before the Debtor and the Co-Owners formally accepted the
purchase offer submitted by Dollinger Properties.

On Feb. 2, 2016, Dollinger Properties assigned all its right,
title, and interest in the Purchase Agreement to 1810 Old Oakland
LLC. On that same date, 1810 Old Oakland LLC assigned all its
right, title, and interest in the Purchase Agreement to Dollinger
Dell Associates, LP.  Both of these entities are related entities
to Dollinger, and declarant, David B. Dollinger is the managing
member and general partner, respectively, of each.

Escrow has been opened at Old Republic Title Co., 224 Airport
Parkway, Suite 170, San Jose, California 95110, escrow officer:
Sharon LaFountain, telephone number (408) 557-8400, escrow no.
0616013071-SL.

As reflected in the Title Report, 2 deeds of trust and 2 judgment
liens encumber the Real Property.  They are as follows:

   a) A Deed of Trust in favor of Telesis Community Credit Union in
the original amount of $6,525,000, was recorded Dec. 2, 2005 as
document number 18702665 ("Extensia Loan"). The estimated balance
owed as of the expected closing date is approximately $5,614,818.
The Debtor intends to pay the entire outstanding balance to
Extensia at the time of the sale closing.

   b) A Deed of Trust in favor of Clyde Berg, in the original
amount of $2,000,000, was recorded on Nov. 26, 2007 as document
number 19660847 (the "Berg Loan").  The estimated balance owed as
of the expected closing date is in dispute.  The Debtor believes
the balance to be approximately $2,290,000, whereas Mr. Berg
asserts that the balance is approximately $500,000 higher, at a
balance of around $2,790,000.  The Debtor seeks court authority to
pay $2,290,000 to Mr. Berg at the time of sale closing, and hold
back the remaining $500,000 (the "Holdback Funds") in a blocked
account, subject to further determination of the Court as to the
correct balance owed to Mr. Berg.

   c) An Abstract of Judgment in favor of Sheryl Mondt and against
BKR, in the original amount of $141,832, was recorded March 8, 2012
as document number 21570175.  The estimated balance owed as of the
expected closing date is approximately $199,821.  The Debtor
intends for this outstanding balance to be paid in full at the time
of the sale closing from the 30% net proceeds allocable to BKR.

   d) An Abstract of Judgment in favor of Sheryl Mondt and against
S&P, in the original amount of $218,884, was recorded March 7, 2012
as document number 21570177.  The estimated balance owed as of the
expected closing date is approximately $328,812.  The Debtor
intends for this outstanding balance to be paid in full at the time
of the sale closing from the 40% net proceeds allocable to S&P.

Upon close of escrow, the Extensia Loan and Berg Loan will be paid,
and the Holdback Funds will be segregated into a blocked account.
All brokerage commissions and closing costs will similarly be paid
in full directly from escrow.  Thereafter, the Abstracts of
Judgment against the individual Co-Owners will be paid solely from
that Co-Owner's allocable portion of the sale proceeds. Therefore,
BKR will receive its 30% net proceeds, less the amount of the
abstract of judgment against its interest.  S&P will receive its
40% of net proceeds, less the amount of the abstract of judgment
against its interest.  The Debtor will receive its 30% of net
proceeds.

                     About Pomeroy Partners

Pomeroy Partners filed a chapter 11 petition (Bankr. N.D. Cal. Case
No. 16-51859) on June 23, 2016.  The petition was signed by David
C. Shaw, managing member.  The Debtor is represented by Jon G.
Brooks, Esq., at the Law Offices of Jon G. Brooks.  The case is
assigned to Judge Dennis Montali.  At the time of the filing, the
Debtor disclosed assets of $5.04 million and debt of $8.80 million.


PORTAGE ELECTRIC: Hires Gouveia and Associates as Counsel
---------------------------------------------------------
Portage Electric Supply Corporation seeks authorization from the
U.S. Bankruptcy Court for the Northern District of Indiana to
employ Gouveia and Associates as attorney.

The Debtor requires Gouveia and Associates to:

    a. prepare pleadings and applications, and conduct examinations
incidental to administration;

    b. develop relationship of the status of the
debtor-in-possession to the claims of creditors in these
proceedings, all in the best interest of the creditors and other
interested parties;

    c. advise the Debtor-in-Possession of rights, duties, and
obligations as debtor-in-possession;

    d. perform legal services incidental and necessary to the
day-to-day operation of the business, including but not limited to,
institution and prosecution of necessary legal proceedings, monthly
operating reports, general services and corporate legal advice and
assistance, all of which is necessary to the proper preservation
and administration of this estate; and

    e. take any and all other necessary action incidental to the
proper preservation and administration of the estate in the conduct
of its business, including filing a Plan and Disclosure Statement.


Gouveia and Associates will be paid at these hourly rates:

      Gordon E. Gouveia               $400
      Catherine Molnar-Boncela        $275
      Shawn D. Cox                    $275
      Paralegals                      $100

Gouveia and Associates, LLC has obtained an earned in full retainer
in the amount of $7,011.41 prior to the filing of this application

Gordon E. Gouveia, member of the law firm of Gouveia and
Associates, LLC, assured the Court that the firm is a
"disinterested person" as the term is defined in Section 101(14) of
the Bankruptcy Code and does not represent any interest adverse to
the Debtor and its estates.

Gouveia & Associates may be reached at:

     Gordon E. Gouveia
     Gouveia and Associates, LLC
     433 W. 84th Drive
     Merrillville, IN 46410
     Phone: 219-736-6020
     Fax: 219-736-2545

             About Portage Electric Supply Corporation

Portage Electric Supply, Corporation filed a chapter 11 petition
(Bankr. N.D. Ind. Case No. 16-31658) on July 22, 2016.  The
petition was signed by Bridget L. Farkas, president.

The Debtor is represented by Gordon E. Gouveia, Esq., at Gordon E.
Gouveia, LLC.  The case is assigned to Judge Harry C. Dees, Jr.

The Debtor disclosed total assets at $902,451 and total liabilities
at $1.77 million.


PRIME SIX: Unsecureds To Be Paid 10% Dividend of Allowed Claims
---------------------------------------------------------------
Prime Six Inc. filed with the U.S. Bankruptcy Court for the Eastern
District of New York a third amended disclosure statement
describing the Debtor's plan of reorganization.

Under the Plan, holders of Class 4 - General Unsecured Claims
totaling $454,943.62 will be paid 10% dividend of their allowed
claims in 60 equal monthly installments effective 30 days after the
Effective Date of the Plan.  Class 4 creditors are impaired and are
entitled to vote on the Plan.

Holders of Class 5 - Disputed General Unsecured Claims totaling
$603,597.84 will be paid 10% dividend of their allowed claims in 60
equal monthly installments effective 30 days after the Effective
Date of the Plan.  Class 5 creditors are impaired and are entitled
to vote on the Plan.

Payments and distributions under the Plan will be funded by
continued operation and increased earnings of the Debtor.

The Debtor's Plan is to maximize revenue by hiring one permanent
manager, who received a year-end incentive bonus and is therefore
directly interested in the business' successful operation.
Streamlining the business operations and cutting down on
unnecessary staff and re-evaluation vendors to cut down costs.
Increased marketing of weekly theme parties and events will allow
the business to be less dependent on seasonal fluctuations.

Akiva Ofshtein, Class 6 interest holder, will be making a monetary
contribution for the new marketing expenses out of personal funds
toward which constitute new value, in order to retain his equity
interest in the Debtor.

The Third Amended Disclosure Statement is available at:

          http://bankrupt.com/misc/nyeb15-42334-108.pdf

The Plan was filed by the Debtor's counsel:

     Alla Kachan, Esq.
     LAW OFFICES OF ALLA KACHAN, P.C.
     3099 Coney Island Avenue, 3rd Floor
     Brooklyn, NY 11235
     Tel: (718) 513-3145
     Fax: (347) 342-3156
     E-mail: alla@kachanlaw.com

Headquartered in Brooklyn, New York, Prime Six Inc., dba WOODLAND,
dba Foxglove, filed for Chapter 11 bankruptcy protection (Bankr.
E.D.N.Y. Case No. 15-42334) on May 20, 2015, listing $58,717 in
total assets and $1.61 million in total liabilities.  The petition
was signed by Akiva Ofshtein, president.

Judge Carla E. Craig presides over the case.

Alla Kachan, Esq., at the Law Offices of Alla Kachan, P.C., serves
as the Debtor's counsel.


PTC GROUP: Moody's Affirms Caa2 CFR & Changes Outlook to Stable
---------------------------------------------------------------
Moody's Investors Service changed PTC Group Holdings Corp.'s
outlook to stable from negative.  At the same time, Moody's
affirmed PTC's Caa2 corporate family rating, Caa2-PD probability of
default rating and the Caa3 rating on its senior secured term
loans.  The change in PTC's rating outlook to stable from negative
reflects the recent extension of its debt maturities and reduction
in cash interest payments.

These ratings were affected in this rating action:

Outlook Actions:
  Changed to stable from negative

Affirmations:
  Corporate family rating, Caa2;
  Probability of default rating, Caa2-PD;
  Senior secured term loans, Caa3 (LGD 4)

                        RATINGS RATIONALE

PTC's Caa2 corporate family rating reflects its high leverage,
negative interest coverage and weak profit margins.  The rating
also reflects its small size relative to other rated steel
companies, its high customer concentration, and its exposure to end
market and steel price volatility.

PTC's operating results have been weak over the past few years
driven by reduced shipments to service centers and original
equipment manufacturers exposed to the construction, mining and
agriculture sectors along with volatile steel product prices. These
trends weighed heavily on PTC in 2015.  PTC has not yet produced
audited financial statements for 2015 due to negotiations with its
lenders, but Moody's estimates that PTC's revenues declined by
about 25% and its adjusted EBITDA by around 75% to about $10
million versus $40 million in 2014.  While PTC's operating
performance weakened it also took on additional borrowings to
support capital investments related to its abandoned project to
develop the capability to produce seamless tubular products.  PTC
spent about $80 million on the project before it was abandoned.  As
a result, its credit metrics materially weakened with its adjusted
leverage ratio (Debt/EBITDA) rising to about 17x in December 2015
from 4.1x in December 2014 and its interest coverage ratio
(EBIT/Interest Expense) turning modestly negative.  The company's
operating performance has improved in the first half of 2016 from a
very weak second half of 2015 and should improve moderately for the
full year.  This will lead to improved credit metrics, but they
will remain somewhat weak for its current rating.

The weak operating performance and deteriorating credit metrics
occurred while PTC was negotiating with its lenders to extend the
maturity of its asset based lending facility and its term loan
debt.  Its term loan B-1 was scheduled to mature in December 2016
and its ABL facility 90 days prior to the term loan.  The company
chose to skip its term loan interest and amortization payments
while it was negotiating with its lenders.  The first scheduled
interest payment was not paid after the grace period expired in
early April 2016 and Moody's considered this missed interest
payment a default.

The company successfully completed negotiations with its lenders
and finalized amendments to both its ABL and term loan agreements
in late July 2016 and cured the default by paying the past due
interest payments.  PTC was able to extend the maturity on its ABL
facility to September 2019 and its B-1 and B-2 term loans to
December 2019.  The company also negotiated more lenient financial
covenants, eliminated amortization payments and reduced the cash
interest rate to 3% on the term loans.  That will reduce the
company's annual cash interest payments to less than $4 million in
the near term from more than $10 million prior to the amendment.
However, it will also pay PIK interest on the term loans at a 9%
interest rate and that will raise the outstanding term loan debt
and associated cash interest payments gradually in the future.

PTC's liquidity deteriorated substantially in 2015 due to spending
on the seamless tubular project and very weak operating results.
However, it has improved during the first half of 2016 and is
adequate for the company considering its small size and limited
capital spending needs.  PTC had about $8 million of cash and
$15 million of availability on its $65 million asset based lending
facility as of June 30, 2016.  The company had a borrowing base of
about $32 million and about $17 million of outstanding borrowings.
The ABL facility has a fixed charge covenant that is tested when
availability falls below 10% of the aggregate revolving commitment
for 3 consecutive days.  Moody's do not anticipate the company will
draw down the revolver to the point where the covenant will be
tested and PTC was in compliance with the springing fixed charge
ratio covenant of 1.0x for the period ended June 2016.

The stable outlook reflects our expectation that operating results
will remain stable or improve modestly over the next 12 to 18
months and the company will maintain adequate liquidity.

An upgrade of PTC's ratings is unlikely in the near term given the
company's weak recent operating performance.  However, the ratings
could experience upward pressure if the company is able to
consistently generate positive free cash flow, raise its liquidity
and produce improved credit metrics.  A leverage ratio below 6.0x
and EBIT-to-interest expense trending above 1.5x could put upward
pressure on the rating.

Negative rating pressure could develop if PTC's credit metrics and
operating results remain very weak and its leverage ratio remains
above 7.5x, interest coverage ratio below 1.0x and EBIT margins
remain negative.

The principal methodology used in these ratings was Global Steel
Industry published in October 2012.

PTC Group Holdings Corp., headquartered in Wexford, PA, is a
manufacturer of welded and cold drawn mechanical steel tubing and
tubular shapes, fabricated parts, precision components and
chrome-plated rod.  PTC's major end markets include construction,
agricultural and mining equipment, automotive and heavy truck
components and industrial machinery.  PTC generated about
$190 million in revenues for the 12-month period ended June 30,
2016.  Black Diamond Capital Management is the majority owner of
PTC.


QUANTUM FOODS: Tyson's Claim is Set Off Claim, Court Says
---------------------------------------------------------
Judge Kevin J. Carey of the United States Bankruptcy Court for the
District of Delaware denied the motion filed by the Official
Committee of Unsecured Creditors of Quantum Foods, LLC, for
judgment on the pleadings with respect to Count I of the
counterclaim and third-party complaint of Tyson Fresh Meats, Inc.

The Committee sought to avoid and recover multiple transfers
totaling $13,596,149 to Tyson Fresh Meats, Inc. and $151,784 to
Tyson Foods, Inc., pursuant to Bankruptcy Code sections 547,
548(a)(1)(B), and 550.  The Committee also asserted that any claim
Tyson holds against the debtors' estates should be disallowed
pursuant to Bankruptcy Code section 502(d) until Tyson returns the
amount of the alleged preferential transfers to the debtors'
estates.  In response, Tyson disputed that the transfers are
voidable, asserted various defenses, and claimed a right to set off
a previously allowed post-petition administrative expense claim.

Judge Carey concluded that Tyson correctly characterized its claim
as a set off claim, rather than as a post-petition new value
defense.

A full-text copy of Judge Carey's July 25, 2016 opinion is
available at https://is.gd/6qAKeB from Leagle.com.

The bankruptcy case is In re: QUANTUM FOODS, LLC, et al., Chapter
11, Debtors, Case No. 14-10318 (Bankr. D. Del.).

The adversary proceeding is THE OFFICIAL COMMITTEE OF UNSECURED
CREDITORS OF QUANTUM FOODS, LLC, et al., Plaintiff/Counterclaim
Defendant, v. TYSON FOODS, INC. and TYSON FRESH MEATS, INC.,
Defendants/Counterclaim Plaintiff/Third-Party Plaintiff, v. QUANTUM
FOODS, LLC; QUANTUM FOODS 213-D, LLC; QUANTUM CULINARY, LLC; GDC
LOGISTICS, LLC; CHOICE ONE FOODS, LLC, Third-Party Defendants, Adv.
No. 15-50254 (KJC) (Bankr. D. Del.).

The Official Committee of Unsecured Creditors of Quantum Foods,
LLC, et al. is represented by:

          Devon J. Eggert, Esq.
          Elizabeth L. Janczak, Esq.
          FREEBORN & PETERS LLP
          311 South Wacker Drive, Suite 3000
          Chicago, IL 60606
          Tel: (312)360-6000
          Fax: (312)360-6520
          Email: deggert@freeborn.com
                 ejanczak@freeborn.com

            -- and –-

          Michael Joseph Joyce, Esq.
          Kevin Scott Mann, Esq.
          Christopher Page Simon, Esq.
          CROSS & SIMON, LLC
          1105 North Market Street, Suite 901
          Wilmington, DE 19801
          Tel: (302)777-4200
          Fax: (302)777-4224
          Email: mjoyce@crosslaw.com
                 kmann@crosslaw.com
                 csimon@crosslaw.com

Tyson Fresh Meats, Inc. is represented by:

          Matthew P. Austria, Esq.
          WERB & SULLIVAN
          300 Delaware Ave., Suite 1300
          Wilmington, DE 19801
          Tel: (302)652-1100
          Fax: (302)652-1111
          Email: maustria@werbsullivan.com

            -- and --

          Michael D. Fielding, Esq.
          HUSCH BLACKWELL LLP

Choice One Foods, LLC is represented by:

          Andrew L. Magaziner, Esq.
          Michael S. Neiburg, Esq.
          YOUNG CONAWAY STARGATT & TAYLOR, LLP
          4801 Main Street, Suite 1000
          Kansas City, MO 64112
          Tel: (816)983-8000
          Fax: (816)983-8080
          Email: michael.fielding@huschblackwell.com

                     About Quantum Foods

Founded in 1990 and headquartered in Bolingbrook, Illinois, Quantum
Foods, LLC -- http://www.quantumfoods.com/-- provides protein
products made from beef, poultry and pork.

Quantum Foods and its affiliates sought Chapter 11 protection
(Bankr. D. Del. Lead Case No. 14-10318) on Feb. 18, 2014, to
facilitate the sale of substantially all their business.

The Debtors' primary secured indebtedness totals $50.2 million,
owing to lenders led by Crystal Financial, LLC, as administrative
and collateral agent.

Quantum Foods is being advised in its restructuring by Daniel J.
McGuire, Esq., Gregory M. Gartland, Esq., and Caitlin S. Barr,
Esq., at Winston & Strawn as counsel; M. Blake Cleary, Esq.,
Kenneth J. Enos, Esq., and Andrew Magaziner, Esq., at Young,
Conaway, Stargatt & Taylor, LLP, serve as local counsel.  City
Capital Advisors is the investment banker.  FTI Consulting, Inc.
also serves as advisor. BMC Group is the claims and notice agent.

The U.S. Trustee for Region 3 appointed five members to the
official committee of unsecured creditors in the case.  The
Committee has retained Triton Capital Partners, Ltd. as financial
advisor; and Mark D. Collins, Esq., Russell C. Silberglied, Esq.,
Michael J. Merchant, Esq., Christopher M. Samis, Esq., and Robert
C. Maddox, Esq., at Richards, Layton & Finger, P.A. as counsel.

Raging Bull is represented in the case by Van C. Durrer II, Esq.,
at Skadden Arps Slate Meagher & Flom LLP.  Crystal Finance LLC is
represented by David S. Berman, Esq., at Riemer & Braunstein LLP.


R & R INDUSTRIES: Disclosure Statement Hearing on Sept. 22
----------------------------------------------------------
Following the filing of a Disclosure Statement by debtor R & R
Industries, Inc., Judge Cynthia C. Jackson ordered that an
evidentiary hearing will be held on Sept. 22, 2016, at 2:45 p.m. in
Courtroom 6D, 6th Floor, George C. Young Courthouse, 400 West
Washington Street, Orlando, Florida, to consider and rule on the
disclosure statement and any objections or modifications and to
consider any other matter that may properly come before the Court.
Objections to the proposed disclosure statement may be filed with
the Court at any time before or at the hearing.

                      About R & R Industries

R & R Industries, Inc., filed a Chapter 11 petition (Bankr. M.D.
Fla. Case No. 16-00346) on Jan. 18, 2016.  Scott W. Spradley, Esq.,
at The Law Offices of Scott W Spradley, P.A., in Flagler Beach,
Florida, serves as the Debtor's counsel.  The Debtor estimated less
than $10 million in liabilities.



REDPRAIRIE CORP: Bank Debt Trades at 4% Off
-------------------------------------------
Participations in a syndicated loan under RedPrairie Corp  is a
borrower traded in the secondary market at 95.86
cents-on-the-dollar during the week ended Friday, July 22, 2016,
according to data compiled by LSTA/Thomson Reuters MTM Pricing.
This represents an increase of 1.08 percentage points from the
previous week.  RedPrairie Corp pays 500 basis points above LIBOR
to borrow under the $1.44 billion facility. The bank loan matures
on Dec. 21, 2018 and carries Moody's B3 rating and Standard &
Poor's B- rating.  The loan is one of the biggest gainers and
losers among 247 widely quoted syndicated loans with five or more
bids in secondary trading for the week ended July 22.


REXFORD INDUSTRIAL: Fitch Assigns 'BB' Rating to Preferred Stock
----------------------------------------------------------------
Fitch Ratings has affirmed Rexford Industrial Realty, Inc. (NYSE:
REXR) and its operating subsidiary Rexford Industrial, L.P.'s
Long-Term Issuer Default Ratings (IDR) at 'BBB-'. Fitch has also
assigned a 'BB' rating to REXR's announced preferred stock
issuance.

The Rating Outlook is Stable.

KEY RATING DRIVERS

REXR's credit strengths include its focused, in-fill Southern
California (SoCal) industrial portfolio strategy, transparent
business model with limited ground-up development and off balance
sheet joint ventures and credit protection metrics that are
appropriate for the rating and are supported by portfolio rents
that Fitch believes are 10% to 15% below market, on average. REXR
also has a strong near-to-medium term liquidity profile that is
supplemented by good contingent liquidity available from its
sizeable unencumbered property portfolio.

REXR's less established, but improving access to unsecured debt
capital is a credit concern. The company's liquidity management
policies are also weaker in key areas than its 'BBB' category rated
REIT peers in the aggregate. Examples include its line of credit
utilization rate, some longer-dated debt maturity concentration
risk, and above average floating rate debt exposure.

MARKET EXPOSURE BALANCES CONCENTRATION RISK

Fitch views REXR's exposure to vibrant, supply constrained SoCal
industrial markets as a net credit positive that offsets
undiversifiable geographic concentration risk. Although REXR's
nationally oriented peers have greater market diversification,
SoCal industrial markets have consistently out-performed most key
U.S. logistics hubs on the basis of occupancy, net absorption and
asking rents. However, the concentration exposes REXR to seismic
risks as well as to the economic and political environments in
California.

REXR owns and controls a portfolio of 131 principally multi-tenant
industrial assets located in supply-constrained, SoCal markets. Los
Angeles County was the company's largest market at 48% of annual
base rent, followed by Orange County (17%) and San Diego County
(16%) as of June 30, 2016.

APPROPRIATE CREDIT PROTECTION METRICS

Fitch expects REXR's credit protection metrics - leverage and
fixed-charge (FCC) and unencumbered assets to unsecured debt
(UA/UD) coverages - to sustain at levels appropriate for a 'BBB-'
rated REIT with the company's asset profile through Fitch's 2018
projection period.

REXR's leverage should sustain in the 6x to 7x range during the
next 12 to 24 months as the company balances acquisition related
borrowings against solid mid-single digit rental-rate led internal
growth and approximately $10 million of incremental net operating
income (NOI) from its non-stabilized portfolio.

Low cap rates (5% range or less) for SoCal industrial properties
argue for REXR's ability to support a higher level of leverage for
a given rating level on a debt to EBITDA basis, while maintaining a
consistent loan-to-value (LTV) ratio with some of its more
diversified REIT peers. However, Fitch believes market
concentration risk and less institutional investor and lender
demand for the company's core, small dollar value multi-tenant
industrial assets offset leverage/LTV discrepancy.

REXR's leverage was 6.0x for the annualized quarter ended June 30,
2016, after adjusting for a full period impact of in-place rental
income from partial period property acquisitions and sales. Fitch
calculates REIT leverage as consolidated debt net of readily
available cash over operating EBITDA, including recurring cash
distributions from unconsolidated joint ventures (JVs) and
excluding non-cash above and below market lease income and
stock-compensation expense.

Fitch expects REXR's FCC to sustain in the mid-3.0x range through
2018 as property net operating income growth is offset by higher
interest costs due to less floating rate debt and preferred stock
dividends. Fitch calculates REXR's FCC as operating EBITDA,
including recurring cash distributions from unconsolidated JVs,
less recurring maintenance capex and non-cash rental income over
cash interest expense and preferred dividends.

TRANSPARENT BUSINESS STRATEGY

REXR operates with a transparent business model, which Fitch views
as a credit positive. Unlike many of its peers, the company does
not pursue ground-up, greenfield development. REXR does have an
active value-add redevelopment strategy; however, the scope of its
activities is generally small, comprising less than 2% of gross
assets.

Fund management and JVs are not a meaningful part of the company's
strategy; however, REXR has received interest institutional
investors and Fitch believes would consider a JV to fund external
growth within its financial policy targets if other attractively
priced equity avenues are unavailable.

LESS ESTABLISHED CAPITAL ACCESS

REXR's inaugural $100 million private placement of senior unsecured
notes that closed during July 2015 was a positive milestone in the
company's transition to a predominantly unsecured borrowing
strategy, evidencing broader access to unsecured debt capital.

During January 2016, the company secured a $125 million,
seven-year, bank-syndicated unsecured term loan that REXR expanded
to $225 million earlier this month by exercising its $100 million
accordion option to help fund its $191 million Orange County, CA
portfolio acquisition.

Prior to the company's inaugural private unsecured notes placement,
REXR's unsecured borrowings were limited to its bank credit
facility, including its $200 million revolver and $100 million term
loan. However, Fitch continues to view REXR as a less seasoned
unsecured bond issuer pending further private placement issuance.

LESS CONSERVATIVE LIQUIDITY MANAGEMENT

REXR's liquidity management is less conservative than its peers in
some key aspects. For example, the company's average revolver
utilization during since its IPO in the second quarter of 2013
(2Q13) was 36% vs. 25% for selected industrial REIT peers. Also,
the company's variable rate debt percentage was 45% vs. 13% for its
peers at Dec. 31, 2015. REXR's variable rate exposure would have
been 34% at the end of last year, assuming all of its interest rate
swaps were effective. Lastly, the company's debt maturity schedule
is imbalanced, with 35% of its debt maturing during 2018, 41%
during 2019 and 24% during 2025 at Dec. 31, 2015. The company's
2016 financing activity has added some balance to its maturity
schedule.

KEY ASSUMPTIONS

Fitch's key assumptions within the agency's rating case for the
issuer include:

   -- SSNOI growth in the mid-single digit range through 2018;

   -- Net acquisitions of $150 million during 2016 through 2018 at

      5% going in yields (6.5% stabilized yield within 18 - 24
      months);

   -- G&A growth of 2% per annum during the forecast period; and

   -- 5% annual dividend growth during the forecast period.

RATING SENSITIVITIES

Although unlikely in the near term, the following factors could
lead to positive rating momentum:

   -- Fitch's expectation of leverage sustaining below 6x for
      several quarters (leverage was 6.0x at June 30, 2016);

   -- Fitch's expectation of fixed-charge coverage sustaining
      above 3.5x for several quarters (coverage was 3.7x for the
      quarter ended June 30, 2016).

The following factors may have a negative impact on REXR's Ratings
and/or Outlook:

   -- Fitch's expectation of leverage sustaining above 7x for
      several quarters.

FULL LIST OF RATING ACTIONS

Fitch has affirmed the following:

   Rexford Industrial Realty, Inc.

   -- Long-Term IDR at 'BBB-'.

   Rexford Industrial Realty, L.P.

   -- Long-Term IDR at 'BBB-';

   -- $200 million unsecured revolving credit facility at 'BBB-';

   -- $100 million unsecured term loan at 'BBB-';

   -- $225 million unsecured term loan at 'BBB-';

   -- $100 million unsecured notes at 'BBB-'.

Fitch has assigned the following:

   Rexford Industrial Realty, Inc.

   -- Preferred stock at 'BB'.


ROBERT JOEL ROXBERRY: Disclosure Statement Hearing on Sept. 7
-------------------------------------------------------------
After Robert Joel Roxberry and Clarissa Barbara Roxberry filed a
Disclosure Statement and Plan on July 28, 2016, Judge Erik P.
Kimball set a hearing for Sept. 7, 2016, at 2:00 p.m. to consider
approval of the Disclosure Statement.  The deadline for filing
objections to the Disclosure Statement is Aug. 31, 2016.

Robert Joel Roxberry and Clarissa Barbara Roxberry filed a Chapter
11 petition (Bankr. S.D, Fla. Case No. 16-12454) on Feb. 23, 2016.



ROBIN HOSPITALITY: Court OKs Disclosures, Confirms Plan
-------------------------------------------------------
The Hon. Thomas P. Agresti of the U.S. Bankruptcy Court for the
Western District of Pennsylvania has granted final approval of
Robin Hospitality, Inc.'s disclosure statement and confirmed the
Debtor's plan.

The Debtor filed the Plan on May 26, 2016.  The Disclosure
Statement was conditionally approved on June 3, 2016.

Robin Hospitality, Inc., filed for Chapter 11 bankruptcy protection
(Bankr. W.D. Pa. Case No. 15-10532) on May 13, 2015.  Laura S.
Steehle, Esq., at Marsh Spaeder Baur Spaeder & Schaaf serves as the
Debtor's bankruptcy counsel.


ROCKWELL MEDICAL: Reports Second Quarter 2016 Results
-----------------------------------------------------
Rockwell Medical, Inc., reported a net loss of $5.36 million on
$13.5 million of sales for the three months ended June 30, 2016,
compared to a net loss of $2.53 million on $12.95 million of sales
for the three months ended June 30, 2015.

For the six months ended June 30, 2016, the Company reported a net
loss of $10.18 million on $27.07 million of sales compared to a net
loss of $6.23 million on $26.8 million of sales for the same period
last year.

As of June 30, 2016, Rockwell Medical had $87.1 million in total
assets, $9.17 million in total current liabilities, $20.3 million
in deferred license revenue, and $57.6 million in total
shareholders' equity.

Mr. Robert L. Chioini, chairman and chief executive officer of
Rockwell stated, "We continue to make very good progress in our
efforts to obtain the appropriate add-on reimbursement for
Triferic, and we feel we are moving closer to our goal of securing
it.  Many stakeholders have aided us and strongly support add-on
reimbursement for Triferic.  At the same time, we continue to work
diligently at educating patients and customers about Triferic and
its benefits.  Additionally, we continue to advance Triferic
clinical development work for the renal application outside the
U.S. and other indications and presentations.  We are pleased with
our clinical development progress as well as with our broader
manufacturing and supply capabilities, including additional
presentations of Triferic."

A full-text copy of the press release is available for free at
https://is.gd/WtS55u

                       About Rockwell

Rockwell Medical, Inc. (Nasdaq: RMTI), headquartered in Wixom,
Michigan, is a fully-integrated biopharmaceutical company
targeting end-stage renal disease ("ESRD") and chronic kidney
disease ("CKD") with innovative products and services for the
treatment of iron deficiency, secondary hyperparathyroidism and
hemodialysis (also referred to as "HD" or "dialysis").

Rockwell's lead investigational drug is in late stage clinical
development for iron therapy treatment in CKD-HD patients.  It is
called Soluble Ferric Pyrophosphate ("SFP").  SFP delivers iron to
the bone marrow in a non-invasive, physiologic manner to
hemodialysis patients via dialysate during their regular dialysis
treatment.

Rockwell Medical reported a net loss of $14.4 million on $55.35
million of sales for the year ended Dec. 31, 2015, compared to a
net loss of $21.3 million on $54.2 million of sales for the year
ended Dec. 31, 2014.  The Company also reported a net loss of $48.8
million for the year ended Dec. 31, 2013.


RONALD ZIMMER: Offers 2 Payment Options to Unsecured Creditors
--------------------------------------------------------------
Ronald Zimmer and Kathleen Zimmer filed with the U.S. Bankruptcy
Court in Dallas a plan of reorganization and accompanying
disclosure statement.  The Debtors propose pay their current debt
by dedicating their future disposable income to their creditors.

Holders of allowed unsecured claims may elect on their ballot to
become either a Class 7(A) creditor or a Class 7(B) creditor.  If a
party fails to make an election, it will be grouped in Class 7(B).

Under the Plan, Class 7(A) creditors will be paid a total of $1,000
or 10% of their allowed claim, whichever is more, in full
satisfaction of the debt.

Class 7(B) creditors will be paid 30% of their Allowed claim over a
60-month period according to this schedule:

     3.0% of the Allowed Claim will be paid in year 1;
     4.5% will be paid in year 2;
     6.0% will be paid in year 3;
     7.5% will be paid in year 4; and
     9.0% will be paid in year 5

A copy of the Disclosure Statement is available at:

          http://bankrupt.com/misc/txnb14-30783-0135.pdf

The Zimmers originally filed for Chapter 13 bankruptcy protection
(Bankr. N.D. Tex. Case No. 14-30783) in 2014.


SANDRIDGE ENERGY: Needs Plan Filing Date Extended to Jan. 2017
--------------------------------------------------------------
SandRidge Energy, Inc., and its affiliated debtors ask the U.S.
Bankruptcy Court for the Southern District of Texas to extend the
period during which the Debtors have the exclusive right to file a
chapter 11 plan through and including January 13, 2017, and the
period during which the Debtors have the exclusive right to solicit
a plan filed during the filing exclusivity period through and
including March 14, 2017.

The Debtors tell the Court that they have the support of the vast
majority of their creditors at every level of the capital structure
for their restructuring.  This includes equitization of
approximately $3.7 billion of the Debtors' $4.1 billion of funded
debt, including $1.3 billion of secured debt.  A significant
portion of the reorganized equity, plus a substantial amount of
cash and other consideration, will be distributed to unsecured
creditors, the Debtors add.  This remarkable result is coupled with
a commitment from their prepetition lenders to provide a
reserve-based revolving exit facility on favorable terms, and all
of this is on track to be effectuated in four months from filing to
confirmation, the Debtors further tell the Court.

The hearing to confirm the plan of reorganization that embodies
this globally supported restructuring is scheduled to conclude on
September 8, 2016, approximately five days before the statutory
expiration of the Debtors' exclusive right to file a chapter 11
plan.

Counsel for the Debtors:

       Zack A. Clement, Esq.
       ZACK A. CLEMENT PLLC
       3753 Drummond Street
       Houston, Texas 77025
       Telephone: (832) 274-7629
       Email: zack.clement@icloud.com

       -- and --

       James H.M. Sprayregen, P.C.
       Steven N. Serajeddini, Esq.
       KIRKLAND & ELLIS LLP
       KIRKLAND & ELLIS INTERNATIONAL LLP
       300 North LaSalle
       Chicago, Illinois 60654
       Telephone: (312) 862-2000
       Facsimile: (312) 862-2200
       Email: james.sprayregen@kirkland.com
              steven.serajeddini@kirkland.com

       -- and --

       Christopher Marcus, P.C.
       KIRKLAND & ELLIS LLP
       KIRKLAND & ELLIS INTERNATIONAL LLP
       601 Lexington Avenue
       New York, New York 10022
       Telephone: (212) 446-4800
       Facsimile: (212) 446-4900
       Email: christopher.marcus@kirkland.com

              About SandRidge Energy

SandRidge Energy, Inc. (OTC PINK: SDOC) --
http://www.sandridgeenergy.com/-- is an oil and natural gas
exploration and production company headquartered in Oklahoma City,
Oklahoma, with its principal focus on developing high-return,
growth-oriented projects in the U.S. Mid-Continent and Niobrara
Shale.

SandRidge Energy, Inc. and 24 of its subsidiaries each filed a
voluntary petition under Chapter 11 of the Bankruptcy Code (Bankr.
S.D. Tex. Lead Case No. 16-32488) on May 16, 2016. The petitions
were signed by Julian M. Bott as chief financial officer.

The Debtors have hired Kirkland & Ellis LLP as general bankruptcy
counsel, Zack A. Clement PLLC as local counsel, Houlihan Lokey
Capital, Inc. as financial advisor, Alvarez & Marsal Holdings, LLC
as restructuring advisor and Prime Clerk LLC as claims and noticing
agent.

The cases are assigned to Judge David R Jones.

The Office of the U.S. Trustee has appointed five creditors of
SandRidge Energy, Inc., to serve on the official committee of
unsecured creditors.


SAQIB IQBAL: Creditors to Receive Full Payment Under Exit Plan
--------------------------------------------------------------
The U.S. Bankruptcy Court for the Eastern District of Virginia will
consider approval of the Chapter 11 plan of reorganization proposed
by Saqib Iqbal at a hearing on September 13.

The hearing will be held at 1:30 p.m., at Courtroom III, 200 S.
Washington Street, in Alexandria, Virginia.  

The restructuring plan proposes to pay all claims in full.  General
unsecured creditors will be paid in full, without interest, in
equal quarterly installments starting 90 days after the effective
date of the plan, according to the latest disclosure statement
detailing the plan.

A copy of the disclosure statement is available for free at
https://is.gd/DYUbfK

The Debtor is represented by:

     Daniel M. Press, Esq.
     Chung & Press, P.C.
     6718 Whittier Ave., Suite 200
     McLean, VA 22101
     Phone: (703) 734-3800

                        About Saqib Iqbal

Saqib Iqbal sought protection under Chapter 11 of the Bankruptcy
Code (Bankr. E.D. Va. Case No. 15-11256) on April 15, 2015.  The
case is assigned to Judge Brian F. Kenney.


SAUCIER BROS.: To Make Monthly Payments to BancorpSouth Bank
------------------------------------------------------------
Judge Katharine M. Samson of the U.S. Bankruptcy Court for the
Southern District of Mississippi, issued an Agreed Order dealing
with BancorpSouth Bank's Motion which sought to prohibit Debtor
Saucier Bros. Roofing, Inc. from using cash collateral and the
objection filed by Lexon Insurance Co. to BancorpSouth Bank's
Motion.

BancorpSouth Bank is a secured creditor which loaned the Debtor
$187,000 and was granted a security interest in the Debtor's
accounts, equipment, inventory, furniture and chattel paper under a
Promissory Note and Commercial Security Agreement.  The Commercial
Security Agreement provides the Bank with a blanket lien on all
contracts and accounts receivable, and includes all "proceeds"
therefrom.

Creditor Lexon Insurance Co., is a surety for certain contracts for
which the Debtor is the principal obligor.  Lexon Insurance
asserted that it is entitled to withhold contract proceeds
otherwise due to the Debtor, to the extent that it is required to
honor bonds issued for said contracts.

Judge Samson directed the Debtor to make monthly adequate
protection payments to BancorpSouth Bank in the amount of $701.25,
beginning on August 1, 2016.  She also directed the Debtor to
establish a segregated account with an approved depository, and
place in that account an amount equal to the monthly insurance
payment due, in order to maintain continuous insurance coverage for
the personal property which constitutes BancorpSouth Bank's
collateral.

The Debtor was ordered to repair the items of equipment, namely
2005 GMC S/N 1GDT6C85F512148 Lift Truck, and a Toyota S/N 7FGCU30
Forklift, to good working condition or abandon them to BancorpSouth
Bank.

A full-text copy of the Agreed Order, dated Aug. 1, 2016, is
available at https://is.gd/MxrC9O

BancorpSouth Bank is represented by:

          Les W. Smith, Esq.
          PAGE, MANNINO, PERESICH & MCDERMOTT, P.L.L.C.
          759 Vieux Marche Mall
          P.O. Drawer 289
          Biloxi, MS 39533
          Telephone: (228) 374-2100
          E-mail: les.smith@pmp.org

                 About Saucier Bros. Roofing, Inc.

Saucier Bros. Roofing, Inc., filed a chapter 11 petition (Bankr.
S.D. Miss. Case No. 16-50775) on
May 5, 2016.  The petition was signed by Clement B. Saucier, III,
president.  The Debtor is represented by Patrick A. Sheehan, Esq.,
at Sheehan Law Firm.  The case is assigned to Judge Katharine M.
Samson.  The Debtor estimated assets at $0 to $50,000 and debt at
$1 million to $10 million at the time of the filing.


SCOTT A. BERGER: Allowed to Use Cash Collateral Until Sept. 28
--------------------------------------------------------------
Judge Erik P. Kimball of the U.S. Bankruptcy Court for the Southern
District of Florida authorized Scott A. Berger, M.D., P.A., to use
cash collateral on an interim basis, until Sept. 28, 2016.

Judge Kimball confirmed the grant, assignment and pledge by the
Debtor to its secured creditor of a post-petition security interest
and lien in the secured creditor's prepetition collateral in and
to:

     (a) all proceeds from the disposition of any of the cash
collateral; and

     (b) any and all of its goods, property, assets and interests
in property in which the secured creditor held a lien or security
interest prior to the petition date and their proceeds.

Judge Kimball held that the adequate protection provided to the
secured creditor is subject and subordinate to the fees due to the
Clerk of Court or the United States Trustee.

A status conference on the Debtor's Cash Collateral Motion is
scheduled on Sept. 28, 2016 at 2:00 p.m.

A full-text copy of the Interim Order, dated August 2, 2016, is
available at https://is.gd/eFAWHK

                 About Scott A. Berger, M.D., PA

Scott A. Berger, M.D., PA, aka Pain Management Consultants of South
Florida aka Pain Management Consultants of West Boca, filed for
Chapter 11 bankruptcy protection (Bankr. S.D. Fla. Case No.
16-19155) on June 29, 2016.  The petition was signed by Scott A.
Berger, MD, director.  The Debtor is represented by Tarek K. Kiem,
Esq., at Rappaport Osborne Rappaport & Kiem, PL.  The case is
assigned to Judge Erik P. Kimball.  The Debtor estimated assets at
$100,000 to $500,000 and debts at $1 million to $10 million at the
time of the filing.


SEAN SUH'S CARE: Asks Court to Extend Plan Filing Date to Oct. 17
-----------------------------------------------------------------
Sean Suh's Care Homes, Inc., asks the U.S. Bankruptcy Court for the
Eastern District of California (Sacramento) for a 60-day extension
until October 17, 2016, of its deadline and period by which it has
exclusive right to file a plan of reorganization.

Attorneys for Sean Suh's Care Homes, Inc.:

      Peter C. Bronson, Esq.
      LAW OFFICES OF PETER C. BRONSON
      A Professional Corporation
      770 L Street, Suite 950
      Sacramento, California 95814
      Tel.: (916) 444-1110
      Fax: (916) 361-6046

              About Sean Suh's Care

Sean Suh's Care Homes, Inc. filed a Chapter 11 petition (Bankr.
E.D. Cal. Case No. 16-20912), on February 18, 2016. The petition
was signed by Sean Suh, president and CEO.

The case is assigned to Judge Michael S. McManus. The Debtor's
counsel is Peter C. Bronson, Esq. of Law Offices of Peter C.
Bronson at Sacramento, California. At the time of filing, the
Debtor had $766,352 in estimated assets and $1.26 in estimated
liabilities.

The Debtor's largest unsecured creditor is $Selena So's Care Home,
which the Debtor owed $271,225. A list of the Debtor's seven
largest unsecured creditors is available for free at
http://bankrupt.com/misc/caeb16-20912.pdf


SFX ENTERTAINMENT: Court to Take Up Disclosure Statement on Aug. 30
-------------------------------------------------------------------
The U.S. Bankruptcy Court for the District of Delaware will
consider approval of the disclosure statement detailing the Chapter
11 plan of reorganization proposed by SFX Entertainment, Inc. at a
hearing on August 30.

The plan filed on July 26 proposes to restructure SFX Entertainment
and its affiliates that will result in a significant reduction in
their debt.  

Moreover, ownership of the companies will be acquired by certain
pre-bankruptcy lenders and those that provided loan to get the
companies through bankruptcy upon the effective date of the plan.
  
The restructuring plan organizes the companies into three groups.


The first group consists of SFX Entertainment and the so-called
"guarantor debtors."  The second group consists of SFXE Netherlands
Holdings Cooperatief U.A., and SFXE Netherlands Holdings B.V.  The
third group consists of so-called "non-obligor debtors," which
include SFX Brazil LLC, SFX Canada Inc., SFX Entertainment
International II Inc., and SFX Entertainment International Inc.

Under the plan, creditors holding Class 5 general unsecured claims
against the Dutch units will get 100% of their claims.  

General unsecured creditors holding Class 5 claims against SFX
Brazil, SFX Canada, SFX Entertainment International, and SFX
Entertainment International II will also be paid in full.

The plan did not disclose how much general unsecured creditors will
receive from SFX Entertainment and the other guarantor debtors on
account of their claims.

SFX Entertainment expects to exit bankruptcy in or around October
this year.

A copy of the disclosure statement detailing the plan is available
for free at https://is.gd/ZeyV45

                  About SFX Entertainment

SFX Entertainment, Inc., and 43 of its affiliates, a global
producer of live events and digital entertainment content focused
exclusively on the electronic music culture and other world-class
festivals, filed Chapter 11 bankruptcy petitions (Bankr. D. Del.
Case Nos. 16-10238 to 16-10281) on Feb. 1, 2016. The petitions were
signed by Michael Katzenstein as chief restructuring officer.

The Debtors disclosed total assets of $662 million and total debt
of $490 million.

Judge Mary F. Walrath is assigned to the case.

Greenberg Traurig, LLP serves as the Debtors' counsel.  Kurtzman
Carson Consultants LLC acts as the Debtors' claims and noticing
agent.  The Debtor hired FTI Consulting Inc. to provide crisis and
turnaround management services.

An Official Committee of Unsecured Creditors has retained Pachulski
Stang Ziehl & Jones LLP as counsel, and Conway Mackenzie, Inc., as
financial advisor.


SM ENERGY: S&P Affirms 'BB-' CCR & Revises Outlook to Negative
--------------------------------------------------------------
S&P Global Ratings affirmed its 'BB-' corporate credit rating on
Denver-based oil and gas exploration and production company SM
Energy Co., and revised the outlook to negative.

At the same time, S&P affirmed the 'B+' issue-level rating on the
company's senior unsecured debt, with a recovery rating of '5',
indicating S&P's expectation of modest (10% to 30%, upper half of
the range) recovery to creditors in the event of a payment
default.

SM Energy Co. announced it has entered into a definitive agreement
to purchase 24,783 net acres in the Midland Basin from Rock Oil
Holdings LLC (not rated) for $980 million.  The acquisition will be
funded with an equity offering, asset sales, and debt.  The
acquisition is largely contiguous and more than doubles the
company's acreage position in the Midland Basin.  However, the
acquisition is mostly undeveloped acreage and will require
additional capital expenditures to bring on production.

"We continue to assess SM Energy's business risk profile as fair,"
said S&P Global Ratings credit analyst David Lagasse.  "The
company's financial risk profile remains aggressive, however, at
the lower end of the range," he added.

The negative outlook reflects our expectations that FFO to debt
will approach 12% because of increased debt levels, weaker cash
flows resulting from lower hedges in 2017, and increased capital
expenditures to support recent acquisitions.

S&P could lower the rating if it expected the company to sustain
FFO to debt below 12%, which could occur if SM Energy's production
fell more than projected or if hydrocarbon prices averaged below
our price deck assumptions.  S&P could also lower the rating if the
company were unable to maintain its proved developed reserve life
at current levels.

S&P could revise the rating to stable if the company is able to
stabilize cash flows, such that FFO to debt is sustained
comfortably above 12% under current industry conditions.


SMITH HEALTH CARE: Disclosures Okayed, Plan Hearing on Sept. 15
---------------------------------------------------------------
The U.S. Bankruptcy Court for the Middle District of Pennsylvania
is set to hold a hearing on September 15, at 9:30 a.m., to consider
approval of the Chapter 11 plan of Smith Health Care, Ltd.

The hearing will take place at Courtroom No. 2, Max Rosenn U.S.
Courthouse, 197 South Main Street, Wilkes-Barre, Pennsylvania.

The bankruptcy court had earlier issued an order approving Smith
Health Care's disclosure statement, allowing the company to start
soliciting votes from creditors.  

The July 26 order set an August 30 deadline for creditors to cast
their votes and file their objections to the plan.  The deadline
for Smith Health Care to file a tabulation of ballots is September
8.

                     About Smith Health Care

Smith Health Care, Ltd., aka Smith Nursing Home, fdba Smith Nursing
& Convalescent Home of Mountain Top, Inc. (Bankr. M.D. Pa., Case
No. 14-05092) filed a Chapter 11 Petition on October 31, 2014.  The
case is assigned to Judge Robert N Opel II.

The Debtor's counsel is John H. Doran, Esq., and Lisa M. Doran,
Esq., at Doran & Doran, P.C., in Wilkes-Barre, Pennsylvania.

The Debtor has estimated assets ranging from $1 million to $10
million and estimated liabilities ranging from $1 million to $10
million.  The petition was signed by Donna L. Strittmatter,
president.


STAGE PRESENCE: Modifies Plan Outline to Add Info on Lawsuits
-------------------------------------------------------------
Stage Presence Incorporated modified its second amended plan of
reorganization and second amended disclosure statement to include
additional information about the Debtor's pending adversary
proceedings.

Class 2 - General Unsecured Claims are impaired by the Plan.  In
full satisfaction of their claims, each holder of Allowed Class 2
General Unsecured Claims will receive: (1) their pro rata share of
the proceeds of the Litigation Fund, if any is generated; (2) their
pro rata share of the Television Program Revenue; and (3) their pro
rata share of 50% of the Debtor's net income by its
post-confirmation operations.

Bankruptcy Judge Michael E. Wiles has approved the Second Amended
Disclosure Statement, as Modified, for the Chapter 11 plan of Stage
Presence Incorporated.

The hearing to consider confirmation of the Plan will be held
before the Hon. Michael E. Wiles on Sept. 22, 2016 at 10:00 a.m.
(prevailing Eastern time), as such date may be continued or
adjourned by the Court.

A redlined version of the Modified Second Amended Disclosure
Statement is available at
http://bankrupt.com/misc/nysb12-10525-278.pdf

                      About Stage Presence

Stage Presence Incorporated filed a Chapter 11 petition (Bankr.
S.D.N.Y., Case No. 12-10525) on February 9, 2012.  The petition was
signed by Allen Newman, president.  The Debtor has tapped
Shafferman & Feldman, LLP as its legal counsel.  The Debtor
estimated assets of $2,309,486 and debts of $1,373,349.

On March 27, 2012, the Office of the United States Trustee
appointed a Committee of Unsecured Creditors in this case.  The
members of the Committee are KZ Video Consultants, Inc. and Alan
Adelman.  On March 4, 2016, the Office of the United States Trustee
filed an Amended Appointment of a Committee of Unsecured Creditors
in this case, the members of which are KEnigma, Inc. and Alan
Adelman.  Neither the original Committee nor the Amended Committee
has retained counsel.


STONE PANELS: Use of Cash Collateral Until Aug. 30 Approved
-----------------------------------------------------------
The U.S. Bankruptcy Court for the Northern District of Texas
authorized Stone Panels, Inc. and Stone Panels Holding Corp. to use
the cash collateral of The PrivateBank and Trust Company on an
interim basis, until Aug. 30, 2016.

The Debtors were indebted to PrivateBank in the amount of
$9,209,631.63 as of the Petition Date.  The debt was paid down by
$4,752,626.84 via a post-petition payment from Thompson Street
Capital Partners III, L.P., a guarantor of the obligations under
the Prepetition Loan Documents.

The Debtors granted PrivateBank security interests in and liens
upon all or substantially all of the Debtors' tangible and
intangible personal property and assets, together with all their
proceeds, as security for the payment of the prepetition loan
debt.

The Court granted PrivateBank adequate protection in the form of a
replacement lien in the Prepetition Collateral and in the
post-petition property of the Debtors of the same nature and to the
same extent and in the same priority it had in the Prepetition
Collateral.  The Court also granted PrivateBank an allowed
superpriority adequate protection claim to the extent the Adequate
Protection Liens are shown to be inadequate to protect PrivateBank
against the diminution in value of the Prepetition Collateral.

The Adequate Protection Obligations will have priority over all
liens and administrative expenses, except for the fees owed to the
United States Trustee.

The final hearing on the Debtors' Motion is scheduled on August 30,
2016 at 10:00 a.m.

A full-text copy of the Agreed Interim Order, dated August 1, 2016,
is available at https://is.gd/xkUEjC

The Privatebank and Trust Company is represented by:

          Paul T. Musser, Esq.
          John Sieger, Esq.
          KATTEN MUCHIN ROSENMAN LLP
          525 W. Monroe Street
          Chicago, IL 60661-3693
          Telephone: (312)902-5309

                   About Stone Panels, Inc.

Stone Panels, Inc., manufactures natural stone composite panels for
exterior, interior, renovation, elevator, and specialty
applications in the United States, France, Europe, and
internationally.  Stone Panels, Inc., and Stone Panels Holding
Corp. filed chapter 11 petitions (Bankr. N.D. Tex. Case Nos.
16-32865 and 16-32859) on July 21, 2016.   

The Debtors are represented by Eric J. Taube, Esq., Mark C. Taylor,
Esq., and Morris Weiss, Esq., at Waller Lansden Dortch & Davis,
LLP.

The operating company estimated its assets at $10 million to $50
million, the Holding company estimated its assets at less than
$50,000, and both companies estimated their liabilities at $10
million to $50 million at the time of the filing.  



SUBMARINA INC: To Pay General Unsecured Claims in Full
------------------------------------------------------
Submarina Inc., a food franchisor, filed a Chapter 11 plan of
reorganization that proposes to pay general unsecured claims in
full.

Under the proposed plan, Class 6 non-insider general unsecured
creditors will be paid in full, without interest, from the
judgments collected from franchisees, or will receive equal
monthly installments of all amounts collected from the judgments
for a period of 120 months.

The U.S. Bankruptcy Court for the District of Nevada on April 15
issued a judgment in favor of Submarina confirming that those
franchisees that have continued operating but have not made the
necessary payments were in breach of contract.

The court will hold a hearing on September 28, at 9:30 a.m., to
consider approval of the plan.  The hearing will take place at the
Foley Federal Building, Courtroom 2, 300 Las Vegas Boulevard South,
Las Vegas, Nevada.

Creditors have until September 12 to file objections to the plan
and until September 27 to cast their votes.

A copy of the disclosure statement is available for free at
https://is.gd/mMsXg8

Submarina is represented by:

     Matthew L. Johnson, Esq.
     Russell G. Gubler, Esq.
     Johnson & Gubler, P.C.
     Lakes Business Park
     8831 W. Sahara Ave.
     Las Vegas, Nevada 89117
     Phone: (702) 471-0065
     Fax: (702) 471-0075
     Email: mjohnson@mjohnsonlaw.com

                      About Submarina Inc.

Submarina, Inc. sought protection under Chapter 11 of the
Bankruptcy Code (Bankr. D. Nev. Case No. 12-22097) on October 25,
2012.  The petition was signed by Bruce N. Rosenthal, president and
CEO.  

The case is assigned to Judge Mike K. Nakagawa.

At the time of the filing, the Debtor estimated its assets and
debts at $1,000,001 to $10,000,000.


SUBMARINA INC: Unsecureds to Be Paid in Full Under Plan
-------------------------------------------------------
Submarina, Inc., filed with the U.S. Bankruptcy Court for the
District of Nevada  a first amended disclosure statement explaining
the Debtor's plan of reorganization.

Class 6 - General Unsecured Creditors (approximately $1,594,483
scheduled, several of which were disputed or no proof of claim
filed before the bar date of March 6, 2013) is impaired by this
Plan.  Estimated allowed amount is $908,021.

Non-insider General Unsecured Creditors will be paid in full,
without interest from the judgments collected from the franchisees,
or will receive equal monthly installments of all amounts collected
from the Judgments for a period of 120 months, whatever occurs
first.  Staring on 1st day of the 1st month following the Effective
Date, Class 6 will be paid monthly on a pro rata basis for 120
months or until the allowed claims are paid in full, whichever
occurs sooner.

Payments and distributions under the Plan will be funded by
operating income and by the collections paid by the collection of
judgments or settlements at or before the end of 10 years.

The Disclosure Statement is available at:

           http://bankrupt.com/misc/nvb-12-22097-457.pdf

The Plan was filed by the Debtor's counsel:

     Russell G. Gubler, Esq.
     JOHNSON & GUBLER, P.C.
     Lakes Business Park
     8831 W. Sahara Avenue
     Las Vegas, Nevada 89117
     Tel: (702) 471-0065
     Fax: (702) 471-0075
     E-mail: mjohnson@mjohnsonlaw.com/

Headquartered in Houston, Texas, Submarina, Inc., is food
franchisor.  It owns trademarks, copyrights, artwork, technical
knowhow, processes (including operations manual, and unique design
and feel (including menu graphics, and names) and flavor profile
all and associated with a SubmarinaR casual quick service
restaurant.  It also owns 31 franchise agreements of currently
operating units and several which have yet to open.  Units
utilizing the Debtor's assets have been advertising and selling
authorized product to the general public for approximately 40
years.

The Debtor filed for Chapter 11 bankruptcy protection (Bankr. D.
Nev. Case No. 12-22097) on Oct. 25, 2012, estimating its assets and
liabilities at between $1 million and $10 million each.  The
petition was signed by Bruce N. Rosenthal, president and CEO.

Judge Mike K. Nakagawa presides over the case.

Matthew L. Johnson, Esq., at Matthew l. Johnson & Associates, P.C.,
serves as the Debtor's bankruptcy counsel.

Affiliate Kerensa Investment Fund 1, LLC (Bankr. D. Nev. Case No.
11-24352) filed a separate Chapter 11 petition on Sept. 9, 2011.


SUBODH NAIK: Unsecured Creditors to Recoup 40% Under Plan
---------------------------------------------------------
Subodh Naik filed with the U.S. Bankruptcy Court for the Northern
District of Texas a disclosure statement describing the Debtor's
plan of reorganization.  

The Debtor proposes to make monthly payments commencing on the
Effective Date of $750 into an unsecured creditors pool.

General unsecured creditors in Class 5 are impaired.  All allowed
unsecured creditors in Class 5 will share pro rata in the unsecured
creditors pool.  The Debtor will make distributions to the Class 5
creditors every 90 days commencing 90 days after the Effective
Date.  The Debtor will make a total of 60 payments into the
unsecured creditors pool.  Based upon the Debtor's schedules the
Class 5 creditors will receive approximately 40% of their allowed
claims.

The Debtor anticipates the funds necessary to fund the Plan will
come from the income Debtor or sale of the Debtor's property.  All
payments under the Plan will be made through a disbursing agent.

The Disclosure Statement is available at:

           http://bankrupt.com/misc/txnb16-30155-35.pdf

The Plan was filed by the Debtor's counsel:

     Eric A. Liepins, Esq.
     ERIC A. LIEPINS, P.C.
     12770 Coit Road, Suite 1100
     Dallas, Texas 75251
     Tel: (972) 99l-5591
     Fax: (972) 991-5788

Subodh Naik filed for Chapter 11 bankruptcy protection (Bankr. N.D.
Tex. Case No. 16-30155) on Jan. 5, 2016.


SUDANO INC: Court Dismisses Bongiovanni's Appeal
------------------------------------------------
Judge Carol Bagley Amon of the United States District Court for the
Eastern District of New York dismissed the appealed case captioned
SEBASTIAN G. BONGIOVANNI, Appellant, v. JANICE B. GRUBIN, Chapter
11 Trustee, Appellee, No. 15-CV-2617 (CBA) (E.D.N.Y.), for lack of
jurisdiction.

Bongiovanni Jr., proceeding pro se, appealed the April 20, 2015
order of the United States Bankruptcy Court for the Eastern
District of New York in In re Sudano, et al., No. 02-BK-21821,
which denied Bongiovanni Jr.'s motion to compel the Chapter 11
Trustee Janice Grubin to file a final account of the administration
of the estate at issue and for an order directing the Trustee to
turn over bank statements.

Judge Amon found that Bongiovanni Jr. does not have standing to
appeal and thus, the court lacks jurisdiction over the action.

A full-text copy of Judge Amon's July 28, 2016 memorandum and order
is available at https://is.gd/KNs4Av from Leagle.com.

Janice B. Grubin is represented by:

          Janice B. Grubin, Esq.
          Michael Terrance Conway, Esq.
          LECLAIR RYAN, P.C.
          885 Third Avenue, Sixteenth Floor
          New York, NY 10022 US
          Tel: (212)697-6555
          Fax: (212)986-3509
          Email: janice.grubin@leclairryan.com


SUSAN BURM: RPP Holds Valid Claims, Court Says
----------------------------------------------
In the adversary proceeding captioned SUSAN D. BURM, Plaintiff, v.
RAYMOND B. JOHNSON, III and RAYMOND PILING PRODUCTS, INC.,
Defendants, Adversary Proceeding No. 14-1131 (Bankr. D. Mass.),
Judge Henry J. Boroff of the United States Bankruptcy Court for the
District of Massachusetts, Eastern Division, found in the
defendants' favor on all remaining counts of the complaint.

The complaint was filed by Susan D. Burm objecting to two claims
filed by Raymond Piling Products, Inc.  Burm argued that RPP does
not hold valid claims against her because the bases for those
claims, two promissory notes and accompanying mortgages, are void
and unenforceable for various reasons, including, inter alia, that
they violate the federal Equal Credit Opportunity Act and the
Massachusetts usury statute.

Judge Boroff, however, held that the promissory notes and mortgages
are valid and enforceable against Burm.

A full-text copy of Judge Boroff's July 12, 2016 memorandum of
decision is available at https://is.gd/12ozFQ from Leagle.com.

The bankruptcy case is In re SUSAN D. BURM, Chapter 11, Debtor,
Case No. 14-12139-HJB (Bankr. D. Mass.).

Susan D Burm is represented by:

          Stephen F. Gordon, Esq.
          Todd B. Gordon, Esq.
          Katherine P. Lubitz, Esq.
          THE GORDON LAW FIRM LLP
          75 Federal Street
          Boston, MA 02110-1844
          Tel: (617)261-0100
          Fax: (617)261-0789

Raymond B Johnson, III is represented by:

          Vincent M. Amoroso, Esq.
          LAW OFFICES OF VINCENT M. AMOROSO
          351 Liberty Square Rd.
          Boxborough, MA 01719

            -- and --

          Kenneth I. Gordon, Esq.
          GORDON LAW OFFICE
          63 Chatham Street,
          Boston, MA
          Tel: (617)742-4602
          Email: kgordon@gordonlawoffice.com

            -- and --

          Alex F. Mattera, Esq.
          DEMEO, LLP
          200 State Street
          Boston, MA 02109
          Tel: (617)263-2600
          Fax: (617)263-2300
          Email: amattera@demeollp.com


T.E. BERTAGNOLLI: Manager Selling Stephanie Way Property for $230K
------------------------------------------------------------------
Christina W. Lovato, former Chapter 11 trustee and current manager
of the reorganized debtor T.E. Bertagnolli & Associates, asks the
U.S. Bankruptcy Court for the District of Nevada to authorize the
sale of the real property located at 951 Stephanie Way, Minden,
Nevada, 89423, APN 1420-310-000-002), to Angelina L. and William R.
Allen, for $230,000, subject to overbid.

Prior to the appointment of the Trustee, on May 18, 2015, the Court
entered its order approving the Debtor's application to tap Sierra
Sotheby's International as broker under an Exclusive Right to Sell
Listing Agreement for the Stephanie Way Property.

During its time as agent, Sierra Sotheby's International presented
only one offer in the amount of $100,000, which was rejected as too
low.  Sierra Sotheby's Exclusive Listing Agreement expired on March
31, 2015 and the Manager declined to renew the contract.

On April 1, 2016, the Manager signed an Exclusive Right to Sell
Listing Agreement with Jenny L. Johnson of Chase International, as
set forth in the April 12, 2016 Notice of Listing Agreement.

In April 2016, Ms. Johnson listed the Stephanie Way Property for
sale on the Multiple Listing Service with a listing price of
$285,000.  On July 12, 2016, the Manager reduced the listing price
to $275,000.

On July 21, 2016, after numerous counter-offers between the Manager
and the potential purchasers, the Manager finalized a counter offer
to sell the Stephanie Way Property to the Proposed Buyers for
$230,000.

A copy of the Land Purchase Agreement attached to the Motion is
available for free at:

     http://bankrupt.com/misc/Tim_Bertagnolli_485_Sales.pdf

Under the Purchase Agreement, the Manager, on behalf of the
Reorganized Debtor, will deliver to the Proposed Buyers marketable
title to the Stephanie Way Property in exchange for the payment to
the Reorganized Debtor of the sum of $230,000.  The offer is
contingent on the Manager's ability to provide proof of extension
of surface water rights from Nevada Division of Water Resources
prior to close of Escrow. This contingency was satisfied on July
26, 2016.

Secured Creditor Day R. Williams filed a proof of claim in the
bankruptcy case in the amount of $78,830.  The claim is based on a
Promissory Note dated Oct. 23, 2009, held by Mr. Williams, in the
amount of $60,000 plus 5.25% annual interest. The Promissory Note
is secured by a Deed of Trust on the Stephanie Way Property
recorded on Oct. 28, 2009, with the Douglas County Recorder as
Document No. 0752945.  The Promissory Note provides that the debt
will be paid upon sale of the Stephanie Way Property.

The Proposed Buyers have provided the real estate broker with
verification of available cash as required by the Purchase
Agreement and have submitted the $2,000 deposit as required by the
Purchase Agreement.  In the event that the Court approves the
proposed sale to the Proposed Buyers, the $2,000 deposit will be
applied towards the purchase price.  The deposit is only refundable
in the event the Proposed Buyers are overbid or the Court denies
the sale.

The Purchase Agreement provides that the Manager and the Proposed
Buyers will share equally the escrow and title costs.

With the Sale Motion, the Manager requests that the Court approve
the following overbid procedure for use in conducting the sale:

   (a) Pre-Qualificatio: Any person how has sufficient funds to
close the sale may qualify as an over bidder.

   (b) Bidding at the Sale Hearing: The Proposed Buyers' $230,000
offering price will be the opening bid at the auction and the sale
is to be approved for an amount not less than $230,000.  The
initial overbid increment will be at least $5,000.  Subsequent bids
will be accepted in increments of $5,000.  The final purchase price
will be the highest qualified bid offered over the Opening Bid
Price and accepted at the auction.

   (c) Closing: Closing will take place within 30 business days, or
sooner upon agreement by the parties, from the date of entry of a
final order approving the sale to close the transaction.

The Manager believes that the sale is in the best interests of the
Reorganized Debtor because it is unclear whether the Reorganized
Debtor possesses the funds to pay 100% of creditor claims under the
Chapter 11 Plan along with the post-effective date expenses, taxes
and administrative claims.

The Manager asks that the order approving the Motion should not be
stayed so that the she may effectuate it and immediately collect
funds to pay secured creditors and assist the estate.

                      About T.E. Bertagnolli

On Feb. 20, 2015, Tim E. Bertagnolli and T.E. Bertagnolli &
Associates, Inc., filed voluntary petitions for relief under
Chapter 11 of the Bankruptcy Code (Bankr. D. Nev. Case Nos.
15-50214 and 50215).

On May 26, 2015, the Bankruptcy Court entered its Order Approving
US Trustee's Appointment of Chapter 11 Trustee designating
Christina W. Lovato as Trustee of the Debtors' consolidated
bankruptcy estate.

On Feb. 25, 2016, the Court entered its Order Confirming Amended
Chapter 11 Plan.  The confirmed Plan designates Christina W. Lovato
as Manager of the Reorganized Debtor.


TCC GENERAL: Has Until Nov. 4 to Use Cash Collateral
----------------------------------------------------
Judge Sheri Bluebond of the U.S. Bankruptcy Court for the Central
District of California, authorized TCC General Contracting, Inc.,
to use cash collateral on an interim basis, until Nov. 4, 2016.

The Debtor had identified Windset Capital Corporation, IOU
Financial and Knight Capital Funding II, LLC, as asserting
interests in the cash collateral.

Judge Bluebond acknowledged that the Debtor requires the use of
cash collateral to avoid harm to the estate.  She granted the
secured creditors replacement liens in all post-petition assets of
the Debtor, except avoidance power actions and recoveries.  

The Debtor was required to file a revised budget by Aug. 3, 2016,
and serve the revised budget on the secured creditors and the U.S.
Trustee.  The deadline for the filing of objections to the Debtor's
revised budget, is set on Aug. 17, 2016.  The hearing on the
Debtor's Motion is scheduled on Nov. 1, 2016 at 10:30 a.m.

A full-text copy of the Interim Order, dated Aug. 1, 2016, is
available at https://is.gd/n9aYOv

              About TCC General Contracting

TCC General Contracting, Inc., operates a water and fire
restoration company in Lancaster, California.  It employs 30
employees and, based on gross revenues year to date, would realize
gross revenues of perhaps $3.3 million.  It filed for Chapter 11
bankruptcy protection (Bankr. C.D. Cal. Case No. 16-18301) on June
22, 2016.  The bankruptcy petition was signed by Thomas C. Conroy
IV, president.

The Debtor is represented by Steven R. Fox, at the Law Offices of
Steven R. Fox.   The case is assigned to Judge Sheri Bluebond.

The Debtor estimated assets and debt at $500,000 to $1,000,000.


TCR III INC: PCO Finds Care Within Standards at 4 Facilities
------------------------------------------------------------
Arthur E. Peabody, Jr., as the Patient Care Ombudsman for TCR III,
Inc., et al., has filed a report on August 8, 2016, before the
United States Bankruptcy Court for the Eastern District of
Virginia.

According to the report, the four facilities reviewed by the PCO
include assisted living facilities operated by TCR III, Inc., TCR
V, Inc., TCR VI, Inc., and America House Assisted Living of Front
Royal, L.L.C., located respectively in Manassas, Orange, Stephens
City, and Front Royal, Virginia.

The PCO finds that the professional standards for the care and
treatment of elderly citizens are reflected in the subject
residential facilities.

The PCO noted that all of the facilities are attractive, clean, and
appears to be well maintained.

The PCO added, upon review of the incident reports per facility,
that there was no evidence that appropriate professional judgment
was not exercised.

The Debtors are represented by:

     Roy M. Terry, Jr., Esq.
     William A. Gray, Esq.
     John C. Smith, Esq.
     SANDS ANDERSON PC
     P.O. Box 1998
     Richmond, VA 23218-1998
     Telephone: 804.648.1636

Alexander McDonald Laughlin, Esq. -- alex.laughlin@ofplaw.com --
represents TC10 Grantor Trust and TS Cambridge Grantor Trust.

Thomas W. Waldrep, Jr., Esq. -- bankruptcy@wcsr.com – represents
Interested Party Meridian Senior Living, LLC.

TCR III, Inc. (f/k/a America House One, Inc.) (the "Manassas"
location); TCR IV, Inc. (f/k/a America House Two, Inc.) (the
"Orange" location); TCR V, Inc. (f/k/a America House Three, Inc.)
(the "Stephens City" location); TCR VI, Inc.; and America House
Assisted Living of Front Royal, L.L.C. (the "Front Royal"
location), filed separate Chapter 11 bankruptcy petitions (Bankr.
E.D. Va. Case Nos. 15-14162, 15-14163, 15-14165, 15-14168 and
15-14169) on November 24, 2015.  The Debtors operate senior care
facilities.  The Hon. Brian F. Kenney presides over the cases.
Lawyers at Sands Anderson PC, serve as counsel to the Debtors.

TCR III estimated $1 million to $10 million in both assets and
liabilities.  The petitions were signed by Charles V. Rice,
president.


TERRY EHIOROBO: Gets Approval of Ch. 11 Plan to Exit Bankruptcy
---------------------------------------------------------------
A U.S. bankruptcy judge approved the plan proposed by Terry
Ehiorobo to exit Chapter 11 protection.

Judge Susan Kelley of the U.S. Bankruptcy Court for the Eastern
District of Wisconsin gave the thumbs-up to the plan after finding
that it satisfies the requirements for confirmation under the
Bankruptcy Code.

In the same filing, the bankruptcy judge also gave final approval
to the disclosure statement detailing the restructuring plan.

Under the plan, the rights of Class 7 general unsecured creditors
are unimpaired.  These creditors will retain all their rights,
according to the filing.

Mr. Ehiorobo will use his income, the proceeds generated from the
rental of his various residential units, cash on hand, and proceeds
from asset sales or borrowings to fund the restructuring plan.

The Debtor is represented by:

     Leonard G. Leverson, Esq.
     Leverson Lucey & Metz S.C.
     106 West Seeboth Street, Suite 204-1
     Milwaukee, WI 53204
     (414) 271-8503 (direct)
     (414) 271-8504 (fax)
     Email: lgl@levmetz.com

                     About Terry O. Ehiorobo

Terry O. Ehiorobo sought protection under Chapter 11 of the
Bankruptcy Code (Bankr. E. D. Wis. Case No. 13-24713) on April 15,
2013.  The case is assigned to Judge Susan V. Kelley.


THIRTEEN EAST: Hires Ehrhard & Associates as Counsel
----------------------------------------------------
Thirteen East Main Corporation seeks authorization from the U.S.
Bankruptcy Court for the District of Massachusetts to employ
Ehrhard & Associates, PC as counsel.

The Debtor requires E&A to:

    a. give the Debtor legal advice with respect to its powers and
duties as a Debtor in this Chapter 11 proceeding;

    b. perform on behalf of the Debtor necessary applications,
answers, orders, reports and other legal papers require for these
proceedings;

    c. perform all other legal services for the Debtor which may be
necessary herein, and it is necessary for Debtor to employ an
attorney for such professional services; and

    d. represent the Debtor with the sale, refinance or
restructuring of the property of the Debtor.

E&A will be paid at these hourly rates:

    Senior Attorneys                $300
    Junior Attorneys                $225
    Paralegals                      $110
    Legal Secretaries               $85

E&A has received a retainer of $7,000 of which $5,283 is being held
as escrow for legal fees and $1,717 is to be used for the filing
fee.

James P. Ehrhard, owner and manager of Ehrhard & Associates, PC,
assured the Court that the firm is a "disinterested person" as the
term is defined in Section 101(14) of the Bankruptcy Code and does
not represent any interest adverse to the Debtor and its estates.

E&A may be reached at:

     James P. Ehrhard, Esq.
     Ehrhard & Associates, PC
     250 Commercial Street, Suite 410
     Worcester, MA 01608
     Phone: (508)791-8411
     E-mail: ehrhard@ehrhardlaw.com

               About Thirteen East Main Corporation

Thirteen East Main Corporation filed a Chapter 11 bankruptcy
petition (Bankr. D.Mass. Case No. 16-41294) on July 22, 2016.
James P. Ehrhard, Esq. at Ehrhard & Associates, PC as bankruptcy
counsel.


THOMAS EASTON: Plan Outline Ok'd, Confirmation Hearing on Sept. 14
------------------------------------------------------------------
The U.S. Bankruptcy Court for the Western District of Pennsylvania
is set to hold a hearing on September 14, at 2:00 p.m., to consider
approval of the Chapter 11 plan of Thomas Easton.

The hearing will take place at Courtroom B, 54th Floor, USX Tower,
600 Grant Street, Pittsburgh, Pennsylvania.

The bankruptcy court had earlier issued an order approving Mr.
Easton's disclosure statement, allowing him to start soliciting
votes from creditors.  

The court order set a September 7 deadline for creditors to cast
their votes and file their objections to the plan.  

                      About Thomas F. Easton

Thomas F. Easton sought protection under Chapter 11 of the
Bankruptcy Code (Bankr. W.D. Pa. Case No. 14-24541) on November 14,
2014.  The case is assigned to Judge Carlota M. Bohm.


THOMAS W HICKS: Plan Confirmation Hearing Set for Sept. 29
----------------------------------------------------------
The Hon. John T. Gregg of the U.S. Bankruptcy Court for the Western
District of Michigan has approved the disclosure statement, as
amended, explaining the Chapter 11 Plan filed by Thomas W. Hicks,
Monique Hicks, BMF Dairy, LLC and Hicks Farm Services, LLC.

A hearing regarding confirmation of the Plan will be held on Sept.
29, 2016, at 10:00 a.m.

The deadline by which objections to the Plan and ballots must be
filed will be Sept. 13, 2016.

Thomas W. Hicks and Monique Hicks filed for Chapter 11 bankruptcy
protection (Bankr. W.D. Mich. Case No. 15-02525) on April 27, 2015.


THRIVE NATIONAL: Hires Vannova Legal as Counsel
-----------------------------------------------
Thrive National Corporation seeks authority from the U.S.
Bankruptcy Court for the District of Utah to employ Vannova Legal,
PLLC as counsel to the Debtor.

Thrive National requires Vannova Legal to represent and assist the
Debtor in connection with all matters arising in or related to the
bankruptcy case.

Vannova Legal will be paid at these hourly rates:

     Matthew K. Broadbent     $275
     Attorneys                $200-$350

Prior to filing the petition, Vannova Legal received $10,000 for
pre-petition services and $1,717 from the Debtor for the Chapter 11
filing fee.

Vannova Legal will also be reimbursed for reasonable out-of-pocket
expenses incurred.

Matthew K. Broadbent, manager and member of Vannova Legal, PLLC
assured the Court that the firm is a "disinterested person" as the
term is defined in Section 101(14) of the Bankruptcy Code and does
not represent any interest adverse to the Debtors and their
estates.

Vannova Legal can be reached at:

     Matthew K. Broadbent, Esq.
     VANNOVA LEGAL, PLLC
     47 West 9000 South #1
     Sandy, UT 84070
     Tel: (801) 415-9800
     Fax: (801) 415-9818
     Email: matt@vannovalegal.com

                       About Thrive National

Thrive National Corporation filed a Chapter 11 bankruptcy petition
(Bankr. D. Utah Case No. 16-26526) on July 27, 2016, listing under
$50,000 in both assets and liabilities.


TOWNRIDGE INC: Hires D. Blair Clark as Counsel
----------------------------------------------
Townridge, Inc., seeks authority from the U.S. Bankruptcy Court for
the District of Oregon to employ the Law Offices of D. Blair Clark
PC as to the Debtor.

Townridge, Inc. requires D. Blair Clark to:

   (a) take all necessary action to protect and preserve the
       estate of the Debtor, including the prosecution of actions
       on the Debtor's behalf, the defense of any actions
       commenced against the Debtor, the negotiation of disputes
       in which the Debtor is involved, and the preparation of
       objections to claims filed against the estate; prepare on
       behalf of the Debtor, as debtor in possession, all
       necessary motions, applications, answers, orders, reports,
       and papers in connection with the administration of the
       estate;

   (b) prepare on behalf of the Debtor, as debtor in possession,
       all necessary motions, applications, answers, orders, and
       papers in connection with the administration of the
       estate;

   (c) prosecute, on behalf of the Debtor, a proposed plan of
       reorganization and all related transactions and any
       revisions, amendments, etc., relating to same; and

   (d) perform all other necessary legal services in connection
       with the Chapter 11 case.

D. Blair Clark will be paid at these hourly rates:

     D. Blair Clark, Esq.                   $250.00 per hour
     Mary Beth Blair, Paralegal             $ 85.00 per hour

D. Blair Clark received $30,000 in connection with planning,
preparation of initial documents and its initial postpetition
representation of the Debtors. A part of this payment, including
the Court filing fee) has been applied to outstanding balances. The
remainder will constitute a general retainer as security for
postpetition services and expenses. Any approved fees will be paid
from the retainer or from the Debtor's operations or sales, as
authorized.  

The firm said $10,000 was applied to the trust account for Town
Properties should that filing be needed, and pursuant to the
Court's directive has been returned to the Debtor; $20,000 was
applied to this case; and the balance in the trust account is
$8,810.50.

D. Blair Clark will also be reimbursed for reasonable out-of-pocket
expenses incurred.

D. Blair Clark, member of the Law Offices of D. Blair Clark PC,
assured the Court that the firm is a "disinterested person" as the
term is defined in Section 101(14) of the Bankruptcy Code and does
not represent any interest adverse to the Debtors and their
estates.

D. Blair Clark can be reached at:

     D. Blair Clark, Esq.
     LAW OFFICES OF D. BLAIR CLARK PC
     1513 Tyrell Lane, Suite 130
     Boise, ID 83706
     Tel: (208) 475-2050
     Fax: (208) 475-2055
     Email: dbc@dbclarklaw.com

                     About Townridge, Inc.

Townridge, Inc., which operates a hotel, restaurant and bar in
Baker County, Oregon, sought chapter 11 protection (Bankr. D. Ore.
Case No. 16-32482) on June 25, 2016.  The petition was signed by
Carl Town, owner and president.  The Debtor is represented by D.
Blair Clark, Esq., at Law Offices of D. Blair Clark PC.  The case
is assigned to Judge Trish M. Brown.  The Debtor estimated assets
of $1 million to $10 million and debts of $1 million to $10 million
at the time of the filing.


TRONOX INC: Bank Debt Trades at 3% Off
--------------------------------------
Participations in a syndicated loan under Tronox Inc is a borrower
traded in the secondary market at 96.80 cents-on-the-dollar during
the week ended Friday, July 22, 2016, according to data compiled by
LSTA/Thomson Reuters MTM Pricing.  This represents an increase of
0.56 percentage points from the previous week.  Tronox Inc pays 300
basis points above LIBOR to borrow under the $1.5 billion facility.
The bank loan matures on March 15, 2020 and carries Moody's B1
rating and Standard & Poor's BB rating.  The loan is one of the
biggest gainers and losers among 247 widely quoted syndicated loans
with five or more bids in secondary trading for the week ended July
22.


TTM TECHNOLOGIES: S&P Raises CCR to 'BB-'; Outlook Stable
---------------------------------------------------------
S&P Global Ratings raised its corporate credit rating on Costa
Mesa, Calif.-based TTM Technologies Inc. to 'BB-' from 'B+'.  The
outlook is stable.

At the same time, S&P raised its issue-level rating on the
company's $950 million first-lien term loan due 2021 to 'BB-' from
'B+'.  The '3' recovery rating is unchanged and reflects S&P's
expectation for meaningful (50% to 70%, in the upper half of the
range) recovery in the event of payment default.

In addition, S&P raised its issue-level rating on the company's
$250 million unsecured convertible notes due 2020 to 'B' from
'B-'.  The '6' recovery rating is unchanged and reflects S&P's
expectation for negligible recovery (0% to 10%) in the event of
payment default.

"The rating action reflects our view of TTM's improved leverage
through EBITDA growth and additional debt repayment of $30 million
in the second quarter of 2016," said S&P Global Ratings credit
analyst Geoffrey Wilson.

The stable outlook reflects S&P's view of the company's market
position among leading printed circuit board makers and S&P's
anticipation that its diverse end markets will result in stable
operating performance over the next 12 months.


TXU CORP: Bank Debt Trades at 65% Off
-------------------------------------
Participations in a syndicated loan under TXU Corp is a borrower
traded in the secondary market at 35.15 cents-on-the-dollar during
the week ended Friday, July 22, 2016, according to data compiled by
LSTA/Thomson Reuters MTM Pricing.  This represents an increase of
0.85 percentage points from the previous week.  TXU Corp pays 450
basis points above LIBOR to borrow under the $15.367 billion
facility. The bank loan matures on Oct. 10, 2017 and carries
Moody's WR rating and Standard & Poor's NR rating.  The loan is one
of the biggest gainers and losers among 247 widely quoted
syndicated loans with five or more bids in secondary trading for
the week ended July 22.


UCI INTERNATIONAL: Wants to Use Cash Collateral on a Final Basis
----------------------------------------------------------------
UCI International, LLC, and its affiliated debtors ask the U.S.
Bankruptcy Court for the District of Delaware for authorization to
use cash collateral on a final basis.

The Debtors are indebted to the Prepetition ABL Secured Parties, in
the aggregate principal amount of not less than $69,443,840 in
respect of loans made and $5,803,837 in respect of undrawn letters
of credit issued by the Prepetition ABL Lenders.  Each Debtor
granted to the Prepetition ABL Agent Credit Suisse AG, Cayman
Islands Branch, for the benefit of the Prepetition ABL Secured
Parties, continuing, valid, binding properly perfected,
enforceable, and non-avoidable first priority liens on and security
interests in all of the Prepetition ABL Collateral.

The Prepetition ABL Lenders consist of UCI Holdings Limited, UCI
Acquisitions Holdings (No.1) Corp., and the subsidiary loan parties
to the ABL Credit Agreement.

The Debtors contend that given their projected cash needs through
the expected timeline of the chapter 11 cases, and the need to take
material steps towards an exit plan for the chapter 11 cases, they
have determined to seek the use of cash collateral on a final
basis.  The Debtors believe that this is the best avenue available
to move the chapter 11 cases forward and focus the  parties in
interest in formulating a consensual exit strategy.

The Debtors' proposed Budget forecasts the cash receipts and cash
disbursements from the week ending July 29, 2016 through the week
ending October 7, 2016.  The Budget projects total cash
disbursements from operations with foreign subsidiary payments, in
the amount of $7,367,000

The Debtors propose to provide the following forms of adequate
protection in favor of the Prepetition ABL Secured Parties:

     (1) Adequate Protection Liens: The Debtors shall provide the
Prepetition ABL Agent, for the ratable benefit of the Prepetition
ABL Lenders, solely to the extent of any actual postpetition
diminution in value of their interest in the Prepetition ABL
Collateral, valid, binding, continuing, enforceable, fully
perfected, first priority senior replacement security interests in
liens on any and all tangible and intangible pre- and postpetition
property of the Debtors.

     (2) Adequate Protection Superpriority Claims: The Adequate
Protection Obligations due to the Prepetition ABL Agent shall
constitute allowed superpriority administrative expense claims
against the Debtors in the amount of any actual diminution in value
of the interest of the Prepetition ABL Secured Parties in the value
of the Prepetition ABL Collateral, including cash collateral.

     (3) Payment of Prepetition ABL Interest and Mandatory
Prepayments: The Debtors shall pay (i) to the Prepetition ABL Agent
for the ratable benefit of the Prepetition ABL Secured Parties all
accrued and unpaid interest at the default rate and at the time
intervals set forth in the Prepetition ABL Credit Agreement and
(ii) any amounts payable pursuant to section 4.4(b) of the
Prepetition ABL Credit Agreement.

     (4) Prepetition ABL Agent Fees and Expenses: As additional
adequate protection, the Prepetition ABL Agent shall receive from
the Debtors, for the benefit of the Prepetition ABL Lenders,
current cash payments of all reasonable and documented prepetition
and postpetition fees and expenses payable to the Prepetition ABL
Agent under the Prepetition ABL Documents.

The Carve-Out consists of the sum of:

     (i) all fees required to be paid to the clerk of the Court and
to the Office of the U.S. Trustee, plus interest at the statutory
rate;

     (ii) fees and expenses of up to $25,000 incurred by a trustee;
and

     (iii) allowed and unpaid claims against the Debtors’ estates
for unpaid fees, costs, and expenses incurred by persons or firms
retained by the Debtors or the Committee whose retention is
approved by a final order of the Court.

The Debtors' Motion is scheduled for hearing on Aug. 16, 2016 at
2:00 p.m.  The deadline for the filing of objections to the
Debtors' Motion is set on Aug. 9, 2016 at 4:00 p.m.

A full-text copy of the Debtors' Motion, dated Aug. 2, 2016, is
available at https://is.gd/yoaFeh

                    About UCI International

UCI International, LLC, headquartered in Lake Forest, IL, designs,
manufactures, and distributes vehicle replacement parts, including
a broad range of filtration, fuel delivery systems, and cooling
systems products in the automotive, trucking, marine, mining,
construction, agricultural, and industrial vehicles markets.  

UCI and its affiliates sought Chapter 11 protection (Bankr. D. Del.
Case No. 16-11355) on June 1, 2016.  The petition was signed by
Ricardo Felipe Alverque, chief financial officer and vice
president.  The Debtor is represented by Jessica C.K. Boelter,
Esq., Larry J. Nyhan, Esq., and Jackson T. Garvey, Esq., at Sidley
Austin LLP, and Edmon L. Morton, Esq., Robert S. Brady, Esq.,
Ashley E. Jacobs, Esq., and Elizabeth S. Justinson, Esq., at Young
Conaway Stargatt & Taylor LLP. The case is assigned to Judge Mary
F. Walrath.

Alvarez & Marsal provides the company with financial advice and
Moelis & Company LLC is the Debtors' investment banker. Garden City
Group serves as the Debtors' Claims Agent.  

The Debtor estimated assets at $100 million to $500 million and
liabilities at $500 million to $1 billion at the time of the
filing.


UFC HOLDINGS: S&P Retains 'B+' Rating on 1st-Lien Term Loan
-----------------------------------------------------------
S&P Global Ratings said that its issue-level and recovery ratings
on UFC Holdings LLC's first-lien term loan and second-lien term
loan remain unchanged after the company increased the first-lien
term loan by $75 million to $1.375 billion, and decreased the
second-lien term loan by $75 million to $425 million.  The total
amount of debt in the capital structure is unchanged, and there is
no meaningful impact to S&P's base-case forecast for UFC.

S&P's issue-level rating on the first-lien term loan remains 'B+'.
The '2' recovery rating reflects S&P's expectation for substantial
recovery (70-90%; lower half of the range) for lenders in the event
of a payment default.  The shift to the lower half from the upper
half of the '2' recovery range reflects the additional first-lien
debt in the capital structure.  S&P's '6' recovery rating and
'CCC+' issue level rating on the company's second-lien term loan
are unchanged, despite the decrease in the size of the facility,
indicating S&P's expectation for negligible recovery (0-10%) for
lenders in the event of default.

S&P's 'B' corporate credit rating remains unchanged.  The outlook
is negative.

                          RECOVERY ANALYSIS

Key analytical factors

   -- S&P's simulated default scenario contemplates a payment
      default in 2018, reflecting a substantial decline in cash
      flow as a result of a combination of factors.  They may
      include increased competition from new entrants or
      alternative sports categories, prolonged economic weakness,
      injury to high profile fighters, failure to retain or
      recruit key performers, failure to maintain or renew key
      sponsorship agreements, higher production costs, and
      unsuccessful new business ventures.  S&P assumes a
      reorganization following the default, using an emergence
      EBITDA multiple of 6.5x to value the company, which is
      comparable to that applied to its peers.

Simulated default assumptions
   -- Year of default: 2018
   -- EBITDA at emergence: $197 mil.
   -- EBITDA multiple: 6.5x

Simplified waterfall
   -- Net enterprise value (after 5% administrative costs):
      $1.219 bil.
   -- First-lien secured debt claims: $1.530 bil.
      -- Recovery expectation: 70% to 90% (lower end of the range)
      -----------------------------------------
   -- Value available to second-lien debt claims: $0
   -- Second-lien debt claims: $449 million
      -- Recovery expectation: 0% to 10%

RATINGS LIST

UFC Holdings LLC
Corporate Credit Rating        B/Negative/--
  Senior Secured Second Lien    CCC+
   Recovery Rating              6

Issue Rating Unchanged; Recovery Band Revised

UFC Holdings LLC
                                 To                  From
Senior Secured First Lien       B+                  B+
  Recovery Rating                2L                  2H



UNITED PROSPERITY: Order to Turn Over Funds to Trustee Affirmed
---------------------------------------------------------------
Judge Vince Chhabria of the United States District Court for the
Northern District of California affirmed the order of the
bankruptcy court directing the turn over of funds in United
Prosperity Group's levied bank account to the bankruptcy trustee.

United Prosperity Group ran a food-processing business.  A class of
employees won a wage-and-hour case against it in state court, and
was awarded a multi-million dollar judgment.  To begin collecting
on that judgment, the workers had the San Francisco Sheriff's
Department levy United Prosperity Group's bank account, which
contained $235,250.02.

Meanwhile, United Prosperity Group entered Chapter 11 bankruptcy
proceedings.  In bankruptcy proceedings, United Prosperity Group
sought to regain control over the funds in the levied bank account.
The bankruptcy court agreed, holding that the funds were property
of the bankruptcy estate, to be turned over to the bankruptcy
trustee (or, equivalently, the debtor-in-possession) when the
debtor entered bankruptcy.  The workers appealed the order
returning the funds to United Prosperity Group's control.  United
Prosperity Group argued that the appeal is constitutionally or
equitably moot, because it has already used the funds to pay other
creditors; alternatively, it argued that the bankruptcy court's
order should be affirmed on the merits.

"The sheriff's levy didn't extinguish United Prosperity Group's
ownership of the funds in the levied bank account -- it just gave
the workers a security interest in the funds.  Accordingly, the
funds remained "property of the debtor" subject to turnover under
11 U.S.C. section 543(b)(1)," said Judge Chhabria.

The case is IN RE: UNITED PROSPERITY GROUP, INC., Debtor. JUANA
CHAVEZ, LUIS CABRERA A/K/A LUIS REA, MARTIN CALAMATEO CRUZ, JOSE
HERNANDEZ, as individuals and on behalf of the certified class,
Appellants, v. UNITED PROSPERITY GROUP, INC., D/B/A THE PRODUCE
COMPANY, Appellee, Case No. 15-cv-05736-VC (N.D. Cal.).

A full-text copy of Judge Chhabria's June 26, 2016 order is
available at https://is.gd/Yyswo5 from Leagle.com.

Juana Chavez, Luis Cabrera, Martin Calamateo Cruz, Jose Hernandez,
are represented by:

          Iain A. Macdonald, Esq.
          MACDONALD, FERNANDEZ LLP
          221 Sansome Street, Third Floor
          San Francisco, CA 94104
          Tel: (415)362-0449
          Fax: (415)394-5544
          Email: iain@macdonaldlawsf.com

United Prosperity Group, Inc. is represented by:

          David B. Golubchik
          Krikor J. Meshefejian
          LEVENE, NEALE, BENDER, YOO & BRILL L.L.P.
          10250 Constellation Boulevard, Suite 1700
          Los Angeles, California 90067
          Tel: (310) 229-1234
          Fax: (310) 229-1244
          Email: dbg@lnbyb.com
                 kjm@lnbyb.com

                   About United Prosperity Group

United Prosperity Group, Inc., is a processor that specializes in
providing fresh cut produce (fruits & vegetables) to manufacturers
(to use as ingredients for other products) and distributors (for
further distribution to entities such as restaurants, hotels,
hospitals and airline carriers).

Based on an unfavorable state court ruling and levy efforts by the
judgment creditor, United Prosperity commenced a Chapter 11 case
(Bankr. N.D. Cal. Case No. 15-30897) on July 13, 2015.  The case
judge is Hannah L. Blumenstiel

The Debtor tapped Todd M. Arnold, Esq., at Levene, Neale, Bender,
Yoo & Brill LLP, in Los Angeles, as counsel.

The Debtor estimated assets and debt of $1 million to $10 million.


VALLEY VIEW: FTI Can Recover $16.5MM from Merit, 7th Cir. Rules
---------------------------------------------------------------
In the appeals case captioned FTI CONSULTING, INC.,
Plaintiff-Appellant, v. MERIT MANAGEMENT GROUP, LP,
Defendant-Appellee, No. 15-3388 (7th Cir.), the United States Court
of Appeals for the Seventh Circuit reversed the judgment of the
district court finding that section 546(e) of the Bankruptcy Code
does not provide a safe harbor against avoidance of transfers
between non-named entities where a named entity acts as a conduit.

The district court previously granted judgment on the pleadings
purusant to Federal Rule of Civil Procedure 12(c) in Merit
Management Group's favor, thereby preventing FTI Consulting, Inc.,
as Trustee of the In re Centaur, LLC et al. Litigation Trust, which
includes Valley View Downs as one of the debtors, from avoiding the
transfer and recovering the $16.5 million.

A full-text copy of the Seventh Circuit's July 28, 2016 ruling is
available at https://is.gd/DyA743 from Leagle.com.

Defendant-Appellee is represented by:

          James B. Sowka, Esq.
          131 South Dearborn Street, Suite 2400
          Chicago, IL 60603-5577
          Tel: (312)460-5000
          Fax: (312)460-7000
          Email: jsowka@seyfarth.com

            -- and --

          Jason J. DeJonker, Esq.
          161 North Clark Street, Suite 4300
          Chicago, IL 60601-3315
          Tel: (312)602-5000
          Fax: (312)602-5050
          Email: jason.dejonker@bryancave.com

Plaintiff-Appellant is represented by:

          Gregory S. Schwegmann, Esq.
          810 Seventh Avenue, Suite 410
          New York, NY 10019
          Tel: (212)344-5200
          Fax: (212)344-5299
          Email: gschwegmann@rctlegal.com


VERESEN MIDSTREAM: Moody's Rates New $300MM Debt Add-on 'Ba3'
-------------------------------------------------------------
Moody's Investors Service assigned a Ba3 rating to Veresen
Midstream Limited Partnership (VMLP)'s proposed additional US$300
million Term Loan B tranche and C$250 million increase to its
expansion facility.  The proposed upsized debt facilities will rank
equally with the company's existing secured senior indebtedness and
most of the net proceeds of the increased facilities will be used
to finance the Saturn Phase 2 plant and additional liquids handling
facilities.

VMLP's Ba3 Corporate Family Rating, B1-PD Probability of Default,
Speculative-Grade Liquidity rating of SGL-3, Ba3 ratings on the
US$575 million senior secured term, C$1.3 billion senior secured
bank loan expansion facility, and C$75 million senior secured
revolving credit facility are unchanged.  The outlook remains
stable.

Assignments:

Issuer: Veresen Midstream Limited Partnership
  Senior Secured Bank Credit Facility, Assigned Ba3(LGD3)

                         RATINGS RATIONALE

VMLP's Ba3 CFR primarily reflects natural gas throughput volume
risk on a key contract (Dawson), short operating history for VMLP,
high leverage (2017 expected debt to EBITDA of 15x), which could
increase with cost overruns on the construction of Dawson assets,
and the complexity of its contracts, somewhat offset by the close
involvement of Encana in all aspects of VMLP's business.  Moody's
believe the Cutbank Ridge Partnership (CRP, a joint venture
partnership between Encana Corporation (Ba2 stable) and Mitsubishi
Corporation (A2 negative)) is likely to continue developing
resources to be processed by VMLP, as Mitsubishi is carrying
Encana's development costs until about 2018/2019.  The 30 year
Dawson agreement is a fixed fee-based contract that is fully
exposed to volume risk, however there are strong contractual
protections to mitigate this.  As well, VMLP's 15 year contract
with Encana on Hythe/Steeprock has no volume or price risk, and CRP
constructs the Dawson assets and will operate most of VMLP's assets
in the Dawson area.

VMLP's SGL-3 Speculative Grade Liquidity Rating reflects adequate
liquidity.  At March 31, 2016, VMLP had C$116 million in cash, an
undrawn C$125 million revolving credit facility pro forma a C$50
million increase and C$1.1 billion available under its pro forma
C$1.5 senior secured expansion credit facility (both facilities
maturing in 2020).  Moody's expects negative free cash flow of
about C$1.8 billion over the 15 month period from March 31, 2016,
to June 30, 2017 to be funded with cash on the balance sheet,
equity from its two owners and drawings on the expansion facility.
Moody's expects VMLP to be in compliance with its two financial
covenants through this period.  VMLP has no alternate sources of
liquidity as it has pledged all of its assets to the secured
lenders under the term loan, revolver, and expansion facility.

Under Moody's Loss Given Default (LGD) Methodology, the pari-passu
US$875 million term loan B, C$125 million revolving credit facility
and C$1.5 billion expansion facility are rated Ba3, the same as the
CFR as all pieces of debt are first priority lien over all assets
and under the same agreement.

The outlook is stable based on the sustainability of VMLP's cash
flow stream through the take-or-pay contract and our expectation
that leverage will decrease once the majority of the Dawson assets
are constructed.

The rating could be upgraded if VMLP can successfully execute on
its capital and growth plans and increase its size and scale while
improving debt to EBITDA towards 6x.

The rating could be downgraded if VMLP's Debt service coverage
falls below 1.25x or if there are material cost overruns leading to
debt to EBITDA being sustained 10x.

VMLP is a private midstream company 50% owned by Veresen Inc.
(Veresen unrated) and Kohlberg Kravis Roberts & Co. L.P.(KKR
unrated), a private equity firm.  VMLP is engaged in natural gas
gathering, field compression and processing in the central Montney
in British Columbia.

The principal methodology used in these ratings was Global
Midstream Energy published in December 2010.


WALL STREET SYSTEMS: S&P Affirms 'B' CCR; Outlook Stable
--------------------------------------------------------
S&P Global Ratings said it affirmed its 'B' corporate credit rating
on New York City-based based Wall Street Systems Holdings Inc.  The
outlook is stable.

At the same time, S&P affirmed its 'B' issue-level rating on the
company's amended senior secured credit facility, which consists of
a $500 million first-lien term loan due 2023 and a $30 million
revolver due 2021.  The recovery rating remains '3', indicating
S&P's expectation for meaningful (50%-70%; lower half of the range)
recovery in the event of a payment default.

"The rating on WSS reflects the company's niche market focus within
the fragmented financial technology (fintech) industry, competition
against larger players with significantly more financial resources,
and the company's highly leveraged financial risk profile, with pro
forma leverage in the mid-5x area post-transaction close, up from
about 4x at March 31, 2016," said S&P Global Ratings credit analyst
Andrew Yee.

The company's leading share within the treasury and foreign
exchange software market, high recurring revenues and client
retention rates, and stable free operating cash flow generation
offset these factors.

The stable outlook on WSS reflects S&P's view that the company's
solid recurring revenue base and moderate free cash flow support
stable operating trends.


WEST LANE PROPERTIES: Voluntary Chapter 11 Case Summary
-------------------------------------------------------
Debtor: West Lane Properties Inc.
        4629 N. West Lane, Ste 8
        Stockton, CA 95210

Case No.: 16-25217

Nature of Business: Single Asset Real Estate

Chapter 11 Petition Date: August 9, 2016

Court: United States Bankruptcy Court
       Eastern District of California (Sacramento)

Judge: Hon. Michael S. McManus

Debtor's Counsel: Mark J. Hannon
                  1114 W Fremont St
                  Stockton, CA 95203-2622
                  Tel: (209) 942-2229
                  E-mail: markjhannon@yahoo.com

Total Assets: $1 million

Total Liabilities: $818,172

The petition was signed by Hoc C. Ma, president.

The Debtor did not include a list of its largest unsecured
creditors when it filed the petition.


WILLIAM AND MARTHA PULLUM: Selling Navarre Property
---------------------------------------------------
William and Martha Pullum ask the U.S. Bankruptcy Court for the
Northern District of Florida to authorize the sale of property,
including the personal property located at 9271 Lilge Circle,
Navarre, Florida.

The Debtors propose to sell some of the described personal property
at a liquidation/estate sale to be conducted by Gulf Coast Estate
Liquidators on Aug. 24 through 27, 2016.  The Debtors are entitled
to keep $2,000 worth of items as exempt and may elect to keep other
items which they will purchase from the estate.

From the proceeds of the sale, the Debtors will pay the costs
normally associated with liquidation sales, including a commission
of 35% together with a portion of the advertising costs.

To the best of Debtors' information and belief SE Property
Holdings, LLC has or may claim to have a lien on the property by
virtue of a judgment lien recorded with the Florida Secretary of
State on July 12, 2013. After payment of the costs of conducting
the sale, Debtors propose to pay the net proceeds to SE Property
Holdings, LLC.

William and Martha Pullum sought Chapter 11 protection (Bankr. N.
D. Fla. Case No. 14-30215) on March 15, 2014.  John E. Venn, Jr.,
P.A., in Pensacola, Florida, is the Debtor's counsel.


WILLMAN CONSTRUCTION: Selling 2009 Ford F-350 Pickup for $12K
-------------------------------------------------------------
Willman Construction, Inc., asks the U.S. Bankruptcy Court for the
Southern District of Iowa to authorize the sale nun pro tunc of
underused 2009 Ford F-350 pickup truck.

The Debtor believes the fair market value of the pickup truck, VIN
IFTNF2B59AEA05954, is $12,000, which is within the NADA range.

Upon the approval or entry of an order approving such sale, the
Debtor would sell same at a minimum amount to a non-insider,
arm's-length, third party for the purpose of generating extra cash
for operating expenses in Chapter 11 administrative expenses.

                   About Willman Construction

Willman Construction, Inc., filed for Chapter 11 bankruptcy
protection (Bankr. S.D. Iowa Case No. 16-00774) on April 15, 2016.

The petition was signed by Mark. Willman, authorized
representative.

The Debtor is represented by Dale G. Haake, Esq., at Katz Nowinski
P.C.  The case is assigned to Judge Lee M. Jackwig.

The Debtor disclosed total assets of $521,700 and total debt of
$1.2 million.


WIND ENTERTAINMENT: Unsecureds To Recoup 1-2% Under Plan
--------------------------------------------------------
Wind Entertainment Corp. filed with the U.S. Bankruptcy Court for
the District of Nevada a plan of reorganization and disclosure
statement.

A hearing to consider the approval of the Disclosure Statement is
set for Sept. 6, 2016, at 9:30 a.m.

Under the Plan, Class 7 - General Unsecured Claims will be paid
approximately 1-2% of their claims from the Debtor's excess income
over a period of 60 months, after payment of all secured,
administrative, and priority claims, including all claims in
Classes 1 through 6.  If the Debtor's excess income is only
sufficient to pay the claims of Classes 1 through 6, Class 7
General Unsecured Claims may receive no payments in the case.

In consideration for the classification, distributions, releases
and other benefits provided under the Plan, and as a result of
arm's-length negotiations among the Debtor and its creditors, upon
the Effective Date, the provisions of the Plan will constitute a
good faith compromise and settlement of all claims and equity
interests and controversies resolved pursuant to the Plan.  Nothing
in the Plan is meant to waive or impair any of the Debtor's and the
Estate's causes of action or avoidance actions, or the proceeds
thereof, as any may be transferred and litigated or settled by the
reorganized debtor.

As its principal restructuring transaction, the Debtor or
Reorganized Debtor, as appropriate, will issue the New Equity
Interests Tommy J. Riccardo Jr. in exchange for the Equity
Contribution.  Upon the Effective Date of the Plan, all equity
interests in the Debtor will be retained by Mr. Riccardo.  Subject
to the allowance for overbidding, Mr. Riccardo will receive the New
Equity Interests in the Debtor in exchange for: (i) conversion of
his Allowed Administrative Claim in the approximate amount of
$275,000 to equity in the Reorganized Debtor; and (ii)
contributions to the Debtor's estate to fund the Plan and the
Debtor's business operations, namely, Mr. Riccardo will contribute
$50,000 to the Debtor.  In exchange for the Equity Contribution,
Mr. Riccardo will receive the New Equity Interests in the
Reorganized Debtor.

The Disclosure Statement is available at:

           http://bankrupt.com/misc/nvb16-10391-76.pdf

The Plan was filed by the Debtor's counsel:

     Samuel A. Schwartz, Esq.
     Bryan A. Lindsey, Esq.
     Schwartz Flansburg PLLC
     6623 Las Vegas Boulevard South, Suite 300
     Las Vegas, NV 89119
     Tel: (702) 385-5544
     Fax: (702) 385-2741

Wind Entertainment Corp. was formed in December 2012, and operates
an entertainment business which provides a platform for performing
arts, magic and illusion shows, and nightlife entertainment on the
Las Vegas Strip, just north of the MGM Grand Hotel and Casino, in
Las Vegas, Nevada.  Thomas J. Riccardo, Jr., is the Debtor's
president and owner of the Debtor.  

The Debtor's central asset is its lease agreement with FX Luxury
Las Vegas I, LLC, for the lease of the premises located at 3765
South Las Vegas Boulevard, Las Vegas, Nevada 891019.  The Premises
consist of the Wind Theater (also known as the TW Theater Night
Club and Events Center) where the Debtor operates its entertainment
business and provides several performing arts, magic, illusion and
other shows on the Las Vegas Strip.

The Debtor sought protection under Chapter 11 of the Bankruptcy
Code (Bankr. D. Nev. Case No. 16-10391) on Jan. 28, 2016.  The
Debtor is represented by Samuel A. Schwartz, Esq., at Schwartz
Flansburg PLLC.


WISPER II: Court to Take Up Plan Outline on Sept. 1
---------------------------------------------------
The U.S. Bankruptcy Court for the Western District of Tennessee
will consider approval of the disclosure statement detailing the
Chapter 11 plan of Wisper II, LLC, at a hearing on September 1.

The hearing will take place at the U.S. Bankruptcy Court, Room 342,
111 S. Highland, Jackson, Tennessee.  Objections can be filed at
any time prior to the approval of the disclosure statement.

                         About Wisper II

Wisper II, LLC, sought protection under Chapter 11 of the
Bankruptcy Code in the Western District of Tennessee (Jackson)
(Case No. 16-10594) on March 29, 2016. The petition was signed by
Thomas P. Farrell, general manager.

The Debtor is represented by Michael P. Coury, Esq., at Glankler
Brown PLLC. The case is assigned to Judge Jimmy L. Croom.

The Debtor estimated both assets and liabilities in the range of
$1 million to $10 million.

The Troubled Company Reporter, on May 25, 2016, reported that the
Office of the U.S. Trustee disclosed in a court filing that no
official committee of unsecured creditors has been appointed in the
Chapter 11 case of Wisper II, LLC.


XPLORNET COMMUNICATIONS: Moody's Assigns B3 CFR, Outlook Stable
---------------------------------------------------------------
Moody's Investors Service assigned a B3 corporate family rating to
Xplornet Communications Inc. in conjunction with the company
launching a US$335 million debt financing, comprised of a US$50
million secured revolving facility and a US$285 million secured
term loan B, which are assigned Ba3 and B1 ratings, respectively.
Proceeds from the term loan refinance a 2017 maturity, pay related
fees and expenses and augment cash.  As part of the same action,
Xplornet was also assigned a B3-PD probability of default rating as
well as a stable ratings outlook.  This is the first time that
Moody's has rated Xplornet.  The ratings are contingent upon
Moody's review of final documentation and no material change in
previously advised terms and conditions.

This summarizes Moody's ratings and the rating actions for
Xplornet:

Issuer: Xplornet Communications Inc.

  Corporate Family Rating: Assigned B3
  Probability of Default Rating: Assigned B3-PD
  Outlook: Assigned Stable
  First Lien Secured Revolving Credit Facility: Assigned Ba3
   (LGD1)
  First Lien Term Loan B Facility: Assigned B1 (LGD3)

                           RATING RATIONALE

Xplornet's B3 CFR stems primarily from leverage of Debt-to-EBITDA
of nearly 8x (Moody's adjusted), which Moody's views as aggressive
given the context of the company's early development stage, the
uncertain future return economics for its rural broadband
connectivity business, and ongoing cash flow deficits which are
being incurred as the company builds out its network.  While
Xplornet's rapid growth is expected to allow leverage to decline by
about 1.5x per year and move towards the mid 6x range by the end of
2017, and the growth potential of the company's fixed-wireless and
satellite broadband rural internet offering is a positive
consideration, execution risks constrain the rating.  In
particular, free cash flow deficits that will continue through at
least 2017 will require Xplornet to draw down cash and potentially
raise additional capital.  Cash flow deficits would be larger were
it not for the company's ability to elect that interest on
unsecured debts be paid in kind, although this will add to debt and
constrain the rating.

Xplornet has adequate liquidity based on about $165 million of cash
to fund ongoing cash flow deficits which are expected to persist
through 2017 assuming that a portion of discretionary capacity
expansion is funded through operating leases.  In the event that
additional cash resources are required, Xplornet has an unused
US$50 million revolving term loan which is committed through 2021.
Moody's does not expect the revolving loan to be used and expects
the company to turn modestly cash flow positive in 2018.  While
financial covenant compliance thresholds are yet to be set, Moody's
expects ample cushion and does not expect access to the facility to
be limited.  Moody's does not think that Xplornet has material
non-core assets which could be readily monetized in a liquidity
crunch and, in any case, since all assets are secured, the ability
to use asset sale proceeds for liquidity purposes is limited.

Rating Outlook
The outlook is stable because Moody's expects Xplornet's leverage
of Debt-to-EBITDA to decline by about 1.5x (Moody's adjusted) per
year as the company's cash flow grows, and because the company has
sufficient liquidity to fund operations through 2017 assuming their
turning cash flow positive.

What Could Change the Rating - Up
Upwards rating pressure would depend on positive industry
fundamentals, solid operating performance, growing cash flow, good
liquidity arrangements, and Xplornet substantiating the ability to
self-fund its operations through attracting and retaining
subscribers and maintaining good pricing flexibility.

What Could Change the Rating - Down
Xplornet's rating could be downgraded in the event that its
subscriber and revenue growth trajectory does not meet Moody's
expectations, and the ability to self-fund operations and maintain
adequate liquidity comes into question.

Corporate Profile
Headquartered in Woodstock, New Brunswick and with corporate
offices in Markham, Ontario, privately held Xplornet Communications
Inc., uses fixed wireless and satellite last-mile broadband
delivery platforms to offer broadband Internet to rural Canadian
residences and small businesses. Xplornet had over 300,000
subscribers as at June 30, 2016.

The principal methodology used in these ratings was Global Pay
Television - Cable and Direct-to-Home Satellite Operators published
in April 2013.


ZAFS INVESTMENTS: Hires O'Connor & Associates as Appraiser
----------------------------------------------------------
Zafs Investments LLC asks for permission from the Hon. Karen K.
Brown of the U.S. Bankruptcy Court for the Southern District of
Texas to employ O'Connor & Associates as appraiser.

The Debtor owns a parking lot located at US Hwy 59 at Beltway 8
Houston, Texas.

The Debtor requires O'Connor & Associates to:

   (a) appraise the land with surface parking owned by the Debtor;

       and

   (b) have the appraiser testify in any necessary hearings.

O'Connor & Associates charge a flat rate of $1,900 for preparing
the appraisal and $200 per hour to testify in Court.

John R. Fisher of O'Connor & Associates, assured the Court that the
firm is a "disinterested person" as the term is defined in Section
101(14) of the Bankruptcy Code and does not represent any interest
adverse to the Debtors and their estates.

O'Connor & Associates can be reached at:

       John R. Fisher
       O'Connor & Associates
       2200 North Loop West, Suite 200
       Houston, TX 77018
       Tel: (713) 375-4010
       Fax: (866) 491-9165

Zafs Investments, LLC, based in Sugar Land, Texas, filed a Chapter
11 petition (Bankr. S.D. Tex. Case No. 15-36237) on November 30,
2015.  Hon. Karen K. Brown presides over the case.  The Debtor is
represented by Margaret Maxwell McClure, Esq. of the Law Office of
Margaret M. McClure.

In its petition, the Debtor estimated $1 million to $10 million in
both assets and liabilities. The petition was signed by Farhan
Sultan, managing member.


[*] Global Spec-Grade Default Rate Up Again in July, Moody's Says
-----------------------------------------------------------------
Moody's trailing 12-month global speculative-grade default rate
came in at 4.7% in July, up from 4.6% in June and above its
long-term average of 4.2%, the rating agency says in its latest
global default report.  Moody's expects the default rate to peak at
5.1% this November, before easing off to 3.9% in July 2017.

"In the month since UK voters opted to leave the European Union,
high-yield spreads have returned to their pre-Brexit levels in both
Europe and the US," said Sharon Ou, a Moody's Vice President and
Senior Credit Officer.  "This helps relieve the pressure on future
default rates."

Also supporting an easing in the default rate are moderate
improvements in Moody's Liquidity Stress Index and the number of
companies on its B3 Negative and Lower Corporate Ratings List, both
having come off their recent peaks, Ou says.  Nonetheless, these
measures currently stand at levels that suggest high-yield issuers
remain vulnerable to any economic weakening.

Eleven Moody's-rated companies defaulted in July, sending the
default tally to 102 so far this year.  Defaults remain
concentrated in the commodities sector, with continued cash flow
pressures as a result of low oil prices.  Seven oil and gas
companies defaulted last month, including the bankruptcy filings of
Halcon Resources Corporation and CJ Holding Co. Of the 62
commodities companies that have defaulted so far this year, 49 have
come from the oil and gas sector and 13 from metals and mining.

By region, so far in 2016 defaults have been concentrated in North
America, where 80 Moody's-rated issuers have defaulted, compared
with 10 from Europe and the remaining 12 from Asia, Latin America
and Africa.  The trailing 12-month US speculative-grade default
rate finished July at 5.5%, up from 5.2% in June.  In Europe, the
comparable rate edged up to 2.6% from 2.5%.  At this time last
year, the US and European rates stood at 2.2% and 2.5%,
respectively.


[^] Recent Small-Dollar & Individual Chapter 11 Filings
-------------------------------------------------------
In re Robert A. Dicicco
   Bankr. D. Md. Case No. 16-19449
      Chapter 11 Petition filed July 14, 2016
         Filed Pro Se

In re Falcon Repair, Inc.
   Bankr. N.D. Ill. Case No. 16-23828
      Chapter 11 Petition filed July 25, 2016
         See http://bankrupt.com/misc/ilnb16-23828.pdf
         represented by: Manuel A. Cardenas, Esq.
                         MANUEL A. CARDENAS AND ASSOCIATES, P.C.
                         E-mail: manuelantonio_cardenas@yahoo.com,
mac.cardenaslaw@att.net

In re Henri B. Bahnan
   Bankr. D. Mass. Case No. 16-41308
      Chapter 11 Petition filed July 25, 2016
         represented by: James P. Ehrhard, Esq.
                         EHRHARD & ASSOCIATES, P.C.
                         E-mail: ehrhard@ehrhardlaw.com

In re Unger Family Realty Corp.
   Bankr. S.D.N.Y. Case No. 16-23009
      Chapter 11 Petition filed July 25, 2016
         See http://bankrupt.com/misc/nysb16-23009.pdf
         Filed Pro Se

In re Juan Garcia
   Bankr. S.D. Tex. Case No. 16-10231
      Chapter 11 Petition filed July 25, 2016
         represented by: Ricardo Guerra, Esq.
                         LAW OFFICE OF RICK GUERRA
                         E-mail: bankruptcy@rickguerra.com


In re Rest Pasco LLC
   Bankr. M.D. Fla. Case No. 16-06355
      Chapter 11 Petition filed July 26, 2016
         See http://bankrupt.com/misc/flmb16-06355.pdf
         represented by: Scott A Rosin, Esq.
                         SCOTT A ROSIN, PA
                         E-mail: srosincmecf@tampabay.rr.com

In re City Concrete Construction Company
   Bankr. N.D. Fla. Case No. 16-40353
      Chapter 11 Petition filed July 26, 2016
         See http://bankrupt.com/misc/flnb16-40353.pdf
         represented by: Robert C. Bruner, Esq.
                         E-mail: RobertCBruner@hotmail.com

In re Panama City Investments, LLC
   Bankr. N.D. Fla. Case No. 16-50200
      Chapter 11 Petition filed July 26, 2016
         See http://bankrupt.com/misc/flnb16-50200.pdf
         represented by: Teresa M. Dorr, Esq.
                         ZALKIN REVELL, PLLC
                         E-mail: tdorr@zalkinrevell.com

In re Daniel D. Wozniak, Jr.
   Bankr. D. Minn. Case No. 16-32314
      Chapter 11 Petition filed July 26, 2016
         represented by: Thomas Flynn, Esq.
                         LARKIN HOFFMAN DALY & LINDGREN
                         E-mail: tflynn@larkinhoffman.com

In re N.Blake Properties, LLC
   Bankr. E.D.N.C. Case No. 16-03863
      Chapter 11 Petition filed July 26, 2016
         See http://bankrupt.com/misc/nceb16-03863.pdf
         represented by: Danny Bradford, Esq.
                         PAUL D. BRADFORD, PLLC
                         E-mail: dbradford@bradford-law.com

In re Shabsi Brody and Luba Brody
   Bankr. D.N.J. Case No. 16-24242
      Chapter 11 Petition filed July 26, 2016
         represented by: Timothy P. Neumann, Esq.
                         BROEGE, NEUMANN, FISCHER & SHAVER
                         E-mail: timothy.neumann25@gmail.com

In re Paul Vincent Schaeder
   Bankr. D.N.J. Case No. 16-24276
      Chapter 11 Petition filed July 26, 2016
         represented by: Thaddeus R. Maciag, Esq.
                         MACIAG LAW, LLC
                         E-mail: MaciagLaw1@aol.com

In re Meridian Evolution of Energy, LLC
   Bankr. D.N.J. Case No. 16-24325
      Chapter 11 Petition filed July 26, 2016
         See http://bankrupt.com/misc/njb16-24325.pdf
         represented by: Harrison Ross Byck, Esq.
                         KASURI BYCK, LLC
                         E-mail: lawfirm@kasuribyck.com

In re Rina Kassab
   Bankr. E.D.N.Y. Case No. 16-43286
      Chapter 11 Petition filed July 26, 2016
         represented by: Irene Marie Costello, Esq.
                         SHIPKEVICH, PLLC
                         E-mail: icostello@shipkevich.com

In re Jose A Lugo Otero and Carmen M Rivera Morales
   Bankr. D.P.R. Case No. 16-05895
      Chapter 11 Petition filed July 26, 2016
         represented by: Jesus Enrique Batista Sanchez, Esq.
                         THE BATISTA LAW GROUP, PSC
                         E-mail: jesus.batista@batistalawgroup.com

In re Gary Lee Chitwood and JoAnn Chitwood
   Bankr. E.D. Tenn. Case No. 16-32207
      Chapter 11 Petition filed July 26, 2016
         represented by: William E. Maddox, Jr., Esq.
                         WILLIAM E. MADDOX, JR., LLC
                         E-mail: wem@billmaddoxlaw.com

In re Flooring Direct, LLC
   Bankr. D. Ariz. Case No. 16-08584
      Chapter 11 Petition filed July 27, 2016
         See http://bankrupt.com/misc/azb16-08584.pdf
         represented by: Scott D. Gibson, Esq.
                         LAW OFFICE OF SCOTT D. GIBSON, PLL
                         E-mail: ecf@sdglaw.net

In re Frank Daniel Kresock, Jr.
   Bankr. D. Ariz. Case No. 16-08631
      Chapter 11 Petition filed July 27, 2016
         represented by: Mark J. Giunta, Esq.
                         LAW OFFICE OF MARK J. GIUNTA
                         E-mail: markgiunta@giuntalaw.com

In re Michael Clegg Peters
   Bankr. C.D. Cal. Case No. 16-11416
      Chapter 11 Petition filed July 27, 2016
         represented by: Michael Jay Berger, Esq.
                       E-mail: michael.berger@bankruptcypower.com

In re James R. Lindsay
   Bankr. D.D.C. Case No. 16-00371
      Chapter 11 Petition filed July 27, 2016
         represented by: Rowena Nicole Nelson, Esq.
                         LAW OFFICE OF ROWENA N. NELSON, LLC
                         E-mail: rnelson@rnnlawmd.com

In re Omar Hernandez
   Bankr. S.D. Fla. Case No. 16-20416
      Chapter 11 Petition filed July 27, 2016
         represented by: Julio C Marrero, Esq.
                         E-mail: Bankruptcy@marrerolawfirm.com

In re Milord, Jean-Gilles, Fritz, Francois LLC
   Bankr. E.D.N.Y. Case No. 16-43302
      Chapter 11 Petition filed July 27, 2016
         See http://bankrupt.com/misc/nyeb16-43302.pdf
         Filed Pro Se

In re Carline Angeline Williams
   Bankr. E.D.N.Y. Case No. 16-43315
      Chapter 11 Petition filed July 27, 2016
         Filed Pro Se

In re Dolores V. Williams
   Bankr. E.D.N.Y. Case No. 16-43323
      Chapter 11 Petition filed July 27, 2016
         represented by: Clover M Barrett, Esq.
                         CLOVER BARRETT & ASSOCIATES, P.C.
                         E-mail: cbarrettpc@aol.com

In re Dave 60 NYC Inc.
   Bankr. S.D.N.Y. Case No. 16-12146
      Chapter 11 Petition filed July 27, 2016
         See http://bankrupt.com/misc/nysb16-12146.pdf
         represented by: Arnold Mitchell Greene, Esq.
                         ROBINSON BROG LEINWAND GREENE GENOVESE &
GLUCK, P.C.
                         E-mail: amg@robinsonbrog.com

In re Thamar Li Construction & Rental Corp.
   Bankr. D.P.R. Case No. 16-05930
      Chapter 11 Petition filed July 27, 2016
         See http://bankrupt.com/misc/prb16-05930.pdf
         represented by: Nydia Gonzalez Ortiz, Esq.
                         SANTIAGO & GONZALEZ
                         E-mail: bufetesg@gmail.com

In re DAP Ventures, LLC
   Bankr. E.D. Tex. Case No. 16-60451
      Chapter 11 Petition filed July 27, 2016
         See http://bankrupt.com/misc/txeb16-60451.pdf
         Filed Pro Se

In re Thrive National Corp
   Bankr. D. Utah Case No. 16-26526
      Chapter 11 Petition filed July 27, 2016
         See http://bankrupt.com/misc/utb16-26526.pdf
         represented by: Matthew K. Broadbent, Esq.
                         VANNOVA LEGAL, PLLC
                         E-mail: matt@vannovalegal.com

In re David Gent and Maria Gent
   Bankr. W.D. Wash. Case No. 16-13864
      Chapter 11 Petition filed July 27, 2016
         represented by: Larry B. Feinstein, Esq.
                         VORTMAN & FEINSTEIN
                         E-mail: feinstein1947@gmail.com

In re PROSOLUTIONS LLC
   Bankr. D. Ariz. Case No. 16-08653
      Chapter 11 Petition filed July 28, 2016
         See http://bankrupt.com/misc/azb16-08653.pdf
         represented by: D. Lamar Hawkins, Esq.
                         AIKEN SCHENK HAWKINS & RICCIARDI, PC
                         E-mail: dlh@ashrlaw.com

In re Ruben Diaz
   Bankr. D. Ariz. Case No. 16-08654
      Chapter 11 Petition filed July 28, 2016
         represented by: D. Lamar Hawkins, Esq.
                         AIKEN SCHENK HAWKINS & RICCIARDI, PC
                         E-mail: dlh@ashrlaw.com

In re Gamesboutike, Inc.
   Bankr. S.D. Fla. Case No. 16-20506
      Chapter 11 Petition filed July 28, 2016
         See http://bankrupt.com/misc/flsb16-20506.pdf
         represented by: Brian S Behar, Esq.
                         BEHAR, GUTT & GLAZER, PA
                         E-mail: bsb@bgglaw.net

In re Sly Jose Garcia
   Bankr. S.D. Fla. Case No. 16-20509
      Chapter 11 Petition filed July 28, 2016
         represented by: Brian S Behar, Esq.
                         BEHAR, GUTT & GLAZER, PA
                         E-mail: bsb@bgglaw.net

In re Bowman and Bowman, Inc.
   Bankr. M.D. Ga. Case No. 16-51507
      Chapter 11 Petition filed July 28, 2016
         See http://bankrupt.com/misc/gamb16-51507.pdf
         represented by: Wesley J. Boyer, Esq.
                         KATZ, FLATAU, POPSON AND BOYER, LLP
                         E-mail: wjboyer_2000@yahoo.com

In re Craig Timothy Hale
   Bankr. S.D. Ind. Case No. 16-05801
      Chapter 11 Petition filed July 28, 2016
         Filed Pro Se

In re AMC Properties LLC
   Bankr. D. Mass. Case No. 16-12914
      Chapter 11 Petition filed July 28, 2016
         See http://bankrupt.com/misc/mab16-12914.pdf
         represented by: Norman Novinsky, Esq.
                         NOVINSKY & ASSOCIATES
                         E-mail: nnovinsky@msn.com

In re Bati Investments LLC
   Bankr. D. Minn. Case No. 16-32345
      Chapter 11 Petition filed July 28, 2016
         See http://bankrupt.com/misc/mnb16-32345.pdf
         represented by: Sam Calvert, Esq.
                         SAM V CALVERT PA
                         E-mail: calcloud@gmail.com

In re Reinaldo Galicia
   Bankr. D. Nev. Case No. 16-14160
      Chapter 11 Petition filed July 28, 2016
         represented by: Michael J. Harker, Esq.
                         E-mail: notices@harkerlawfirm.com

In re Robert B Matthews
   Bankr. D. Nev. Case No. 16-14164
      Chapter 11 Petition filed July 28, 2016
         represented by: David J. Winterton, Esq.
                         E-mail: david@davidwinterton.com

In re Marla J. Green
   Bankr. E.D. Pa. Case No. 16-15344
      Chapter 11 Petition filed July 28, 2016
         Filed Pro Se

In re Mary Ellen McIlroy
   Bankr. N.D. Tex. Case No. 16-42840
      Chapter 11 Petition filed July 28, 2016
         represented by: Christopher J. Moser, Esq.
                         QUILLINGSELANDER LOWNDS WINSLETT & MOSER
                         E-mail: cmoser@qslwm.com

In re Jack Harry Grant
   Bankr. W.D. Wash. Case No. 16-13921
      Chapter 11 Petition filed July 28, 2016
         represented by: Masafumi Iwama, Esq.
                         IWAMA LAW FIRM
                         E-mail: matt@iwamalaw.com

In re Christopher John Brown and Shelley Lyn Brown
   Bankr. D. Ariz. Case No. 16-08757
      Chapter 11 Petition filed July 29, 2016
         represented by: Thomas G. Luikens, Esq.
                         THOMAS G. LUIKENS, P.C.
                         E-mail: thomas.luikens@azbar.org

In re Luis Demetrio Martinez
   Bankr. C.D. Cal. Case No. 16-11443
      Chapter 11 Petition filed July 29, 2016
         represented by: Eric Bensamochan, Esq.
                         E-mail: eric@eblawfirm.us

In re Alfredo Gonzalez Villapando
   Bankr. C.D. Cal. Case No. 16-12203
      Chapter 11 Petition filed July 29, 2016
         represented by: Giovanni Orantes, Esq.
                         ORANTES LAW FIRM PC
                         E-mail: go@gobklaw.com

In re Richard Laurence Ashbee
   Bankr. C.D. Cal. Case No. 16-20088
      Chapter 11 Petition filed July 29, 2016
         represented by: Matthew Abbasi, Esq.
                         ABBASI LAW CORPORATION
                         E-mail: matthew@malawgroup.com

In re Golden Age Convelescent Hospital, Inc.
   Bankr. N.D. Cal. Case No. 16-52187
      Chapter 11 Petition filed July 29, 2016
         See http://bankrupt.com/misc/canb16-52187.pdf
         represented by: Vincent A. Gorski, Esq.
                         THE GORSKI FIRM, APC
                         E-mail: vgorski@thegorskifirm.com

In re Anthony B. Lewis
   Bankr. S.D. Fla. Case No. 16-20607
      Chapter 11 Petition filed July 29, 2016
         represented by: Nadine V. White-Boyd, Esq.
                         E-mail: nvwboyd@aol.com

In re Coo Coo's Nest, LLC
   Bankr. N.D. Ga. Case No. 16-21483
      Chapter 11 Petition filed July 29, 2016
         See http://bankrupt.com/misc/ganb16-21483.pdf
         Filed Pro Se

In re Argo Company, Inc.
   Bankr. D. Idaho Case No. 16-40705
      Chapter 11 Petition filed July 29, 2016
         See http://bankrupt.com/misc/idb16-40705.pdf
         represented by: Brent T Robinson, Esq.
                         ROBINSON & TRIBE
                         E-mail: btr@idlawfirm.com

In re Michael S. Gardner
   Bankr. S.D.N.Y. Case No. 16-36384
      Chapter 11 Petition filed July 29, 2016
         represented by: Thomas Genova, Esq.
                         GENOVA & MALIN, ATTORNEYS
                         E-mail: genmallaw@optonline.net

In re Parker Precision Molding Inc.
   Bankr. W.D. Pa. Case No. 16-22825
      Chapter 11 Petition filed July 29, 2016
         See http://bankrupt.com/misc/pawb16-22825.pdf
         represented by: Donald R. Calaiaro, Esq.
                         CALAIARO VALENCIK
                         E-mail: dcalaiaro@c-vlaw.com

In re It's Yogurt Capital Ventures LLC
   Bankr. D.P.R. Case No. 16-05998
      Chapter 11 Petition filed July 29, 2016
         See http://bankrupt.com/misc/prb16-05998.pdf
         represented by: Juan Carlos Bigas Valedon, Esq.
                         JUAN C BIGAS LAW OFFICE
                         E-mail: cortequiebra@yahoo.com

In re David Earl Murrell and Reta Jo Murrell
   Bankr. M.D. Tenn. Case No. 16-05345
      Chapter 11 Petition filed July 29, 2016
         represented by: Richard Dale Bohannon, Esq.
                         E-mail: dbohannonECF@gmail.com

In re Hillsborough River Pharmacy, Inc.
   Bankr. M.D. Fla. Case No. 16-06579
      Chapter 11 Petition filed July 30, 2016
         See http://bankrupt.com/misc/flmb16-06579.pdf
         represented by: Suzy Tate, Esq.
                         SUZY TATE, P.A.
                         E-mail: suzy@suzytate.com

In re Nikai PR, Corp.
   Bankr. D.P.R. Case No. 16-06097
      Chapter 11 Petition filed July 30, 2016
         See http://bankrupt.com/misc/prb16-06097.pdf
         represented by: Ruben Gonzalez Marrero, Esq.
                         RUBEN GONZALEZ MARRERO & ASOCIADOS
                         E-mail: rgmattorney1@hotmail.com

In re Greenville Hardware Company, Inc.
   Bankr. W.D. Mich. Case No. 16-03999
      Chapter 11 Petition filed July 31, 2016
         See http://bankrupt.com/misc/miwb16-03999.pdf
         represented by: William Todd Van Eck, Esq.
                         VAN ECK LAW, PC
                         E-mail: bkfiling@vanecklaw.com

In re Howard KERRY Garner
   Bankr. W.D. Tex. Case No. 16-51707
      Chapter 11 Petition filed July 31, 2016
         represented by: Nathaniel Peter Holzer, Esq.
                         JORDAN HYDEN WOMBLE CULBRETH & HOLZER PC
                         E-mail: pholzer@jhwclaw.com


In re Kristine D. Anderson
   Bankr. D. Ariz. Case No. 16-08820
      Chapter 11 Petition filed August 1, 2016
         represented by: Aubrey Laine Thomas, Esq.
                         Davis Miles Mcguire Gardner, PLLC
                         E-mail: athomas@davismiles.com

In re Russel Dennis Hiles, III
   Bankr. C.D. Cal. Case No. 16-16877
      Chapter 11 Petition filed August 1, 2016
         represented by: Robert P Goe, Esq.
                         GOE & FORSYTHE, LLP
                         E-mail: kmurphy@goeforlaw.com

In re Daily Haven, Inc.
   Bankr. N.D. Ga. Case No. 16-63419
      Chapter 11 Petition filed August 1, 2016
         See http://bankrupt.com/misc/ganb16-63419.pdf
         represented by: James Brian Cronon, Esq.
                         LAW OFFICE OF JAMES B. CRONON, LLC
                         E-mail: crononlaw@gmail.com

In re Nicholas G. A. Denton
   Bankr. S.D.N.Y. Case No. 16-12239
      Chapter 11 Petition filed August 1, 2016
         represented by: Ilana Volkov, Esq.
                         COLE SCHOTZ P.C.
                         E-mail: ivolkov@coleschotz.com

In re Gryphin Coatings Co. and Gryphin Coatings Co.
   Bankr. E.D. Pa. Case No. 16-15460
      Chapter 11 Petition filed August 1, 2016
         See http://bankrupt.com/misc/paeb16-15460.pdf
         Filed Pro Se

In re Gerard Boeh Flowers, Inc.
   Bankr. W.D. Pa. Case No. 16-22840
      Chapter 11 Petition filed August 1, 2016
         See http://bankrupt.com/misc/pawb16-22840.pdf
         represented by: Stanley A. Kirshenbaum, Esq.
                         E-mail: SAK@SAKLAW.COM

In re Kristi Lynn Burchell
   Bankr. E.D. Tenn. Case No. 16-32287
      Chapter 11 Petition filed August 1, 2016
         Filed Pro Se

In re Juan R. Aparicio and Martina S. Aparicio
   Bankr. E.D. Tex. Case No. 16-41373
      Chapter 11 Petition filed August 1, 2016
         represented by: Joyce W. Lindauer, Esq.
                         E-mail: joyce@joycelindauer.com

In re Alemar Investments, LP
   Bankr. W.D. Tex. Case No. 16-31190
      Chapter 11 Petition filed August 1, 2016
         See http://bankrupt.com/misc/txwb16-31190.pdf
         represented by: Corey W. Haugland, Esq.
                         JAMES AND HAUGLAND P.C.
                         E-mail: chaugland@jghpc.com

In re John Loan Price
   Bankr. W.D. Tex. Case No. 16-51752
      Chapter 11 Petition filed August 1, 2016
         represented by: David T. Cain, Esq.
                         E-mail: caindt@swbell.net

In re Health Pro Dental Corporation
   Bankr. C.D. Cal. Case No. 16-20246
      Chapter 11 Petition filed August 2, 2016
         See http://bankrupt.com/misc/cacb16-20246.pdf
         represented by: George J Paukert, Esq.
                         LAW OFFICES OF GEORGE J PAUKERT
                         E-mail: paukburt@aol.com

In re John Albert Upton
   Bankr. N.D. Tex. Case No. 16-43017
      Chapter 11 Petition filed August 2, 2016
         See http://bankrupt.com/misc/txnb16-43017.pdf
         represented by: Larry K. Hercules, Esq.
                         LARRY K. HERCULES, ATTORNEY AT LAW
                         E-mail: lkhercules@yahoo.com

In re Dowling's Palace, Inc.
   Bankr. E.D. Pa. Case No. 16-15495
      Chapter 11 Petition filed August 1, 2016
         See http://bankrupt.com/misc/paeb16-15495.pdf
         Filed Pro Se

In re Brad Raulerson, Inc.
   Bankr. M.D. Fla. Case No. 16-02955
      Chapter 11 Petition filed August 2, 2016
         See http://bankrupt.com/misc/flmb16-02955.pdf
         represented by: Jason A Burgess, Esq.
                         THE LAW OFFICES OF JASON A. BURGESS, LLC
                         E-mail: jason@jasonaburgess.com

In re Luis Arturo Del Risco and Adriana Patricia Acosta
   Bankr. M.D. Fla. Case No. 16-06653
      Chapter 11 Petition filed August 2, 2016
         represented by: Nicholas B Bangos, Esq.
                         E-mail: nbb@nickbangoslaw.com

In re Anthony Thaddeus Clavo, Sr.
   Bankr. N.D. Ga. Case No. 16-63451
      Chapter 11 Petition filed August 2, 2016
         represented by: Cameron M. McCord, Esq.
                         JONES & WALDEN, LLC
                         E-mail: cmccord@joneswalden.com

In re Phoenix Star, Inc.
   Bankr. N.D. Ga. Case No. 16-63510
      Chapter 11 Petition filed August 2, 2016
         Filed Pro Se

In re Yong N Kim
   Bankr. D. Md. Case No. 16-20369
      Chapter 11 Petition filed August 2, 2016
         represented by: Diana L. Klein, Esq.
                         KLEIN & ASSOCIATES, LLC
                         E-mail: klein-tp@hotmail.com

In re James Roland Buschena and Wendy Louise Buschena
   Bankr. D. Minn. Case No. 16-32428
      Chapter 11 Petition filed August 2, 2016
         represented by: David C. McLaughlin, Esq.
                         FLUEGEL ANDERSON MCLAUGHLIN & BRUTLAG
                         E-mail: david.fhmab@midconetwork.com

In re Fama's Nursery & Landscaping, Inc.
   Bankr. D.N.J. Case No. 16-24821
      Chapter 11 Petition filed August 2, 2016
         See http://bankrupt.com/misc/njb16-24821.pdf
         represented by: Robert C. Nisenson, Esq.
                         ROBERT C. NISENSON, LLC
                         E-mail: rnisenson@aol.com

In re V. DiIorio & Son, Inc.
   Bankr. D.N.J. Case No. 16-24879
      Chapter 11 Petition filed August 2, 2016
         See http://bankrupt.com/misc/njb16-24879.pdf
         represented by: John F. Bracaglia, Jr., Esq.
                         MAURO, SAVO, CAMERINO, GRANT & SCHALK
                         E-mail: brokaw@maurosavolaw.com

In re Oshun LLC
   Bankr. W.D.N.Y. Case No. 16-11509
      Chapter 11 Petition filed August 2, 2016
         See http://bankrupt.com/misc/nywb16-11509.pdf
         represented by: Arthur G. Baumeister, Jr., Esq.
                         AMIGONE, SANCHEZ, ET AL
                         E-mail: abaumeister@amigonesanchez.com


                            *********

Monday's edition of the TCR delivers a list of indicative prices
for bond issues that reportedly trade well below par.  Prices are
obtained by TCR editors from a variety of outside sources during
the prior week we think are reliable.  Those sources may not,
however, be complete or accurate.  The Monday Bond Pricing table
is compiled on the Friday prior to publication.  Prices reported
are not intended to reflect actual trades.  Prices for actual
trades are probably different.  Our objective is to share
information, not make markets in publicly traded securities.
Nothing in the TCR constitutes an offer or solicitation to buy or
sell any security of any kind.  It is likely that some entity
affiliated with a TCR editor holds some position in the issuers
public debt and equity securities about which we report.

Each Tuesday edition of the TCR contains a list of companies with
insolvent balance sheets whose shares trade higher than $3 per
share in public markets.  At first glance, this list may look like
the definitive compilation of stocks that are ideal to sell short.
Don't be fooled.  Assets, for example, reported at historical cost
net of depreciation may understate the true value of a firm's
assets.  A company may establish reserves on its balance sheet for
liabilities that may never materialize.  The prices at which
equity securities trade in public market are determined by more
than a balance sheet solvency test.

On Thursdays, the TCR delivers a list of recently filed
Chapter 11 cases involving less than $1,000,000 in assets and
liabilities delivered to nation's bankruptcy courts.  The list
includes links to freely downloadable images of these small-dollar
petitions in Acrobat PDF format.

Each Friday's edition of the TCR includes a review about a book of
interest to troubled company professionals.  All titles are
available at your local bookstore or through Amazon.com.  Go to
http://www.bankrupt.com/books/to order any title today.

Monthly Operating Reports are summarized in every Saturday edition
of the TCR.

The Sunday TCR delivers securitization rating news from the week
then-ending.

                            *********

S U B S C R I P T I O N   I N F O R M A T I O N

Troubled Company Reporter is a daily newsletter co-published
by Bankruptcy Creditors Service, Inc., Fairless Hills,
Pennsylvania, USA, and Beard Group, Inc., Washington, D.C., USA.  
Jhonas Dampog, Marites Claro, Joy Agravante, Rousel Elaine
Tumanda, Valerie Udtuhan, Howard C. Tolentino, Carmel Paderog,
Meriam Fernandez, Joel Anthony G. Lopez, Cecil R. Villacampa,
Sheryl Joy P. Olano, Psyche A. Castillon, Ivy B. Magdadaro, Carlo
Fernandez, Christopher G. Patalinghug, and Peter A. Chapman,
Editors.

Copyright 2016.  All rights reserved.  ISSN: 1520-9474.

This material is copyrighted and any commercial use, resale or
publication in any form (including e-mail forwarding, electronic
re-mailing and photocopying) is strictly prohibited without prior
written permission of the publishers.  Information contained
herein is obtained from sources believed to be reliable, but is
not guaranteed.

The TCR subscription rate is $975 for 6 months delivered via
e-mail.  Additional e-mail subscriptions for members of the same
firm for the term of the initial subscription or balance thereof
are $25 each.  For subscription information, contact Peter A.
Chapman at 215-945-7000 or Nina Novak at 202-362-8552.

                   *** End of Transmission ***